Generation Investment closes Climate Solutions Fund
Generation Investment Management has closed its Climate Solutions Fund at EUR683m. The fund is a cross-over fund that will invest in private and public companies with an enduring capability to create value and sustain a competitive advantage by being part of the solution to the climate crisis.
The fund has been raised from Generation's existing investor base. Its investments will include renewable energy technologies, building efficiency, cleaner fossil energy, sustainable agriculture and carbon markets.
Global Investment Management was established in 2004 and has offices in London and Washington, DC. The company is chaired by former vice president of the US Al Gore.
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