TPG has raised €4.55bn for its inaugural fund under its climate investing strategy. The fund seeks to expand the scope of commercially viable climate technologies. Investors include Allstate Corp, Hartford Financial, Ontario Teacher’s Pension Plan Board, Saudi Arabia’s Public Investment Fund and France’s AXA. The fund is lead by Executive Chairman Hank Paulson (Former U.S. Treasury Secretary) and Jim Coulter who serves as Managing Partner.
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Sector: Finance
Country / Region: Global
Tags: Banks, citizens, funds, global climate, Industry Regulators, Institutional Investors, National Regulators, public investment, SMARTER, Supranational RegulatorsIn 5 user collections: Green Home Investment Platform – Industry Regulators , Green Home Investment Platform – National Regulators , Green Home Investment Platform – Supranational Regulators , Green Home Investment Platform – Institutional Investors , Green Home Investment Platform – Banks
Knowledge Object: Web Resource
Author: Reuters