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Finance in Motion raises $60.2m for sustainable forestry fund
23 August 2018Impact asset manager Finance in Motion has announced the first close of its Arbaro sustainable forestry fund, having raised $60.2 million.
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ADIA subsidiary, APG and CalSTRS invest in $1.2bn clean energy fund
22 August 2018Capital Dynamics has announced the final close of its Clean Energy and Infrastructure VII JV LLC (CEI VII) fund, having raised $1.2 billion.
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Exxon fails to halt shareholders' climate change litigation
21 August 2018ExxonMobil's bid to dismiss a lawsuit claiming that it misled investors about the impact of climate change on its business has been denied by a Texas court.
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People Moves: SUSI Partners and HSBC
17 August 2018Wymen Chan has been hired as managing director by SUSI Partners to lead its investment team in Singapore.
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First State Super contracts Hermes EOS
16 August 2018One of Australia's largest pension funds, First State Super, has selected Hermes Equity Ownership Services (EOS) to provide engagement services in overseas markets.
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ESG investing outperformed in recent years, say risk analysts
15 August 2018Increasing exposure to environmental, social and governance (ESG) factors "often outperforms the market", especially in recent years, according to risk management company Axioma.
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KKR acquires $530m stake in Indian waste company
13 August 2018Private equity giant KKR has signed a $530 million agreement to acquire a 60% stake in an Indian waste and recycling company from the founder and another existing investor.
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People moves: AP3, ISS-Oekom, IETA
10 August 2018Mårten Lindeborg, AP3’s CIO and deputy CEO, has passed away. The Swedish buffer fund announced yesterday that Lindeborg died after a short illness
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Pacific Fonder adds Green World strategy
10 August 2018Swedish active asset manager Pacific Fonder has created a new investment strategy called Green World for its Pacific Multi Asset fund.
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Report claiming fossil fuel divestment would cost pension funds billions branded 'misleading'
09 August 2018A report commissioned by the petroleum industry that claims US pension funds would stand to lose billions of dollars in returns if they fully divested fossil fuel stocks has been branded “particularly misleading”.