Snehal Shah

Commonfund Environmental Solutions II has sleeves for private equity fund investments, direct and co-investments, secondaries and real assets.

Clean Growth VI is 60% invested and its first distributions are scheduled for later this month.

CFES 2 is a multi-strategy impact fund, NPM has learned – the latest in a handful of climate and impact funds with secondaries strategies.

Impact investing, especially in emerging markets, is a new frontier for most investors; secondaries transactions will ease them in.

Blue Earth’s secondaries strategy – part of its soon-to-launch multi-strategy fund – has just acquired a portfolio of fund stakes from a UK development finance institution.

Around 20 minority stakes in venture-stage climate companies have been moved into an externally managed continuation fund.

Summa Equity is looking to move Norwegian biowaste company Norsk Gjenvinning from its debut fund to a separate vehicle.

The investment firm is managing $200m from HESTA in a fund of one to invest alongside impact and sustainable private equity managers.

The investment consultant is seeking $250m for a dedicated secondaries fund, following consultants such as Hamilton Lane and StepStone in managing pooled private markets funds.

A GP-led secondaries deal by Energy Capital Partners hints at future opportunities.