Asset owners throw weight behind $12.4bn fundraising drive for green private equity

Mark Carney’s Brookfield Global Transition Fund and Hank Paulson’s TPG Rise Climate both announce first close

Mark Carney (Photographer: Simon Dawson/Bloomberg)
Mark Carney (Photographer: Simon Dawson/Bloomberg)

The UK’s Universities Superannuation Scheme (USS), Ontario Teachers’ Pension Plan Board and Singapore’s sovereign wealth fund Temasek are among the names to have poured $12.4bn into two private equity ‘mega funds’ dedicated to sustainable investing. 

Canadian alternatives giant Br…

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