Snehal Shah

Border To Coast Pensions Partnership, a £22bn UK pension pool, has earmarked £1.35bn for climate funds. About 20 percent of the total will go to venture capital.

The foundation is an adviser to Future Planet Capital’s ocean biodiversity VC fund and may become an LP, the fund manager tells affiliate New Private Markets.

Sumitomo Mitsui Trust Holdings, an investor and fund services provider for Japanese pension funds, plans to deploy ¥500 billion ($4.1 billion; €3.8 billion) into impact by 2030. SMTH is the parent company of Sumitomo Mitsui Trust Bank.

Apollo, New York State Common Retirement Fund and other LPs and GPs discuss what makes good ESG data and the direction of travel for reporting.

Virescent Ventures – 70 percent owned by CEFC executives – now manages CEFC’s A$200m venture allocation and is fundraising another A$200m.

Universities Superannuation Scheme has put private markets at the heart of its net-zero ambitions as it sets interim decarbonization targets.

Atomico has hired its first ESG and sustainability director. The news comes on the heels of a report by the Principles of Responsible Investment that found the VC industry's ESG efforts lag those of the rest of private markets.

Harvard Management Company has a $18bn allocation to private equity – including venture capital – and has brought ESG into its recently redrawn risk tolerance levels in recent years.

Some top-performing VC firms show 'very little acceptance' of ESG, and LPs must understand the unique VC model to engage them, says UN PRI’s Peter Dunbar.

A sector 'on the brink of transition' presents investors with a whole menu of impact possibilities.