Fund News

Energy Impact Partners (EIP) has reached financial close on the firm’s second flagship fund, receiving capital commitments of over $1 billion.

Actis Energy has completed fundraising for its fifth fund with $4.7 billion in commitments, as well as co-investment capital bringing the total figure raised up to $6 billion.

French insurer AXA has purchased a stake in fund manager Blue like an Orange Sustainable Capital, which is focused on sustainable infrastructure investments and recently financed a Brazilian distributed solar developer.

Energy Capital Ventures (ECV), a recently established venture capital firm based in Chicago, has closed its first fund, which will invest in natural gas utility companies aiming to meet their environmental, social and governance objectives.

A Greenbacker Capital Management-affiliated fund has invested in Richmond, Virginia-based solar and energy storage developer Commonwealth Energy Partners (CEP).

The Brookfield Global Transition Fund has held a $7 billion interim closing while setting a $12.5 billion hard cap.

The Los Angeles County Employees Retirement Association (LACERA) has committed $600 million to two infrastructure funds, according to notes from an executive session held earlier this month.

The asset management arm of insurer Aflac has committed over $2 billion to sustainable infrastructure funds managed by US-based private equity firm Denham Capital.

Stonepeak Infrastructure Partners has raised $2.75 billion for its first renewable energy fund.

ArcLight Capital Partners has closed its first continuation fund, namely the ArcLight Renewable Infrastructure Fund.