Funds

VoLo Earth’s latest fund attracted investments from a range of global financial institutions, funds and family offices, bucking a downward trend in venture capital fundraising.

The money will be used to support the roll-out of electric two-wheeler vehicles and battery-swapping infrastructure in Kenya.

PGGM made the investment on behalf of client PFWZ, the pension fund for the Dutch health and welfare sector, which has allocated €1bn to the energy transition over the next five years.

The fund aims to help close the SDG 14 funding gap in Asia by investing into early-stage and growth companies in sectors such as maritime decarbonisation and sustainable aquaculture.

The new fund is focused on early-stage startups that aim to improve the lives of workers in sectors with low pay and insecure employment, using data and technology.

Wealthy investors who want to create social and environmental impact often rely on far more than just money, according to a new report by the University of St. Gallen and the MIT Sloan Sustainability Initiative. 

Real assets are becoming a safe haven for impact investors as population growth, urbanisation, energy demand and food insecurity put the planet under increasing pressure, a report by Phenix Capital said.

The recent investment sees the fund managed by the Swiss impact investor surpass $410m at fourth close with the aim of reaching a final close of $500m by year’s end.

Vireo Ventures’ electrification fund secured the backing of a wide range of private, corporate and institutional investors across the European energy system.

A new report highlights routes to partnerships between the UK’s local government pension schemes and the growing number of fund managers operating in the place-based investment space.