The alternatives investments specialist said the fund has invested in nine private equity funds and that it plans to launch a successor climate technology fund later in the year.
The fund is targeting £200m and plans to build sustainable and affordable homes in Greater Manchester for essential workers being priced out of the region’s booming housing market.
Amber Infrastructure will be working with a place-based investor to attract green investment. The West of England Mayoral Combined Authority hopes to secure an additional £90m to the fund.
The venture, which was started by a firm chaired by former US vice president Al Gore, will use the money to accelerate investment in natural climate solutions.
Incofin is one of three portfolio managers of the Global Gender-Smart Fund, which was founded last year to address the $1.7trn gender gap in financial services in emerging markets.
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