Wentworth Capital Buys $140m Logistics Portfolio from GPT

Wentworth Capital Buys $140m Logistics Portfolio from GPT

Real estate private equity firm Wentworth Capital is again buying a portfolio of logistics assets from the listed GPT, with a deal in train for it to pay more than $140m for key assets in Sydney and Melbourne. The company’s move mirrors a play it made late last year...
Brookfield, TPG and BlackRock Back $30bn Climate Fund with UAE

Brookfield, TPG and BlackRock Back $30bn Climate Fund with UAE

The United Arab Emirates is preparing to announce a new $30bn climate-focused investment fund during COP28 with backing from some of the world’s biggest investors including BlackRock (BLK.N), three sources with knowledge of the matter told Reuters. The sources...
Investcorp Launches $750m Climate Fund Anchored by Mumtalakat

Investcorp Launches $750m Climate Fund Anchored by Mumtalakat

Bahrain-based alternative asset manager Investcorp is launching a $750m climate fund, anchored by sovereign wealth fund Mumtalakat. The fund, Climate Solutions Partners, will invest “commercially proven climate solutions with the potential to transform” carbon...