Brookfield raises $15bn for climate-focused fund

Brookfield raises $15bn for climate-focused fund

Canada’s Brookfield Asset Management, said it had raised $15bn for its first impact fund focused on the global transition to a net-zero carbon economy. The fundraise comes at a time when investors and lawmakers across the globe have been questioning businesses...
ICG closes fund dedicated to GP-led secondaries at $5bn

ICG closes fund dedicated to GP-led secondaries at $5bn

ICG has held the final close of the ICG Strategic Equity IV fund, which is focused on GP-led secondaries, at over $5bn in capital commitments, according to a report by Secondaries Investor. The report cites unnamed sources as revealing that the fund reached final...
Ara Partners Acquires Genera Committing Up to an Additional $200m

Ara Partners Acquires Genera Committing Up to an Additional $200m

Ara Partners, a private equity firm that specializes in industrial decarbonization investments, today announced that it has acquired Genera Energy, a manufacturer of non-wood agricultural pulp and molded fiber products. Ara has also committed up to an additional $200...