Allianz Global Investors has announced the first close of its first private market impact fund, after it raised a third of the fund’s maximum €300m limit from German, Scandinavian and Austrian institutional clients. The Euro-denominated Allianz Impact Investment Fund will invest across sectors such as energy efficiency, sustainable land use and agriculture, and is expected to reach final close in Q4.
Danish public pension pot LD Pensions has put out a tender for a DKK750m (€100m) high conviction global emerging markets equities mandate, with “ESG fully integrated in the investment process”. The contract, which will run for four years, is worth an estimated €3.5m.
OGCI Climate Investments, a $1bn (€0.9bn) climate innovation fund launched by the oil & gas industry, and Connecticut-based energy investment company Starwood Energy Group, have agreed to co-invest in a large-scale carbon capture facility which