Wed, Apr 24, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Tikehau launches green strategy to decarbonize North America

Monday, April 26, 2021

Laxman Pai, Opalesque Asia:

Following the successful fundraising for a €1bn European-focused T2 Energy Transition strategy, Tikehau Capital has launched a North American private equity strategy dedicated to transitioning to a low-carbon economy - and has already picked up $300m of committed capital.

According to a press release from the global alternative asset management group, the new decarbonization fund will aim to help reach the goals of the 2015 Paris Agreement by providing equity capital to profitable companies in North America focused on the fast-growing energy transition sector.

The fund's mission will be to accelerate the paradigm shift to a low-carbon economy by the growth of corporate leaders in the energy transition space that are developing solutions to lower energy consumption, increase renewable energy supply, expand low-carbon mobility and reduce greenhouse gas emissions.

The launch of this fund is a major step for Tikehau Capital's impact investing platform. "It follows the successful close of Tikehau Capital's European-focused T2 Energy Transition strategy, which outperformed its original fundraising goals with over €1 billion raised," explained the press release.

The T2 Energy Transition fund has already invested in six European SMEs focused on clean energy generation, low-carbon mobility, and energy efficiency.

The new private equity fund dedicated to decarbonizing the economy will implement this successful strategy in the N......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1