IPEM Cannes 2024 – The Daily Spin – January, 25th
The shifting role of LPs was the overarching theme for the morning session of Day 2, at the 10th edition of IPEM in Cannes. After a full day of yoga,…
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Private market capital is beginning to make a healthy impact on the planet as it targets investments related to UN Sustainable Development Goals. According to a new report published by impact investment consultant, Phenix Capital, there has been a 55% increase in the number of funds focused on biodiversity, since 2017. In total, 523 fund managers have raised €207 billion, with real asset funds proving the most popular (by number): specifically Timberland & Forestry funds. The biggest investment, however, has been in venture and growth funds, attracting €47 billion. Zero Hunger (UN SDG2) is a key priority among investors, as well as Clean Water & Sanitation. Private equity is well placed to bloom, with 62% of biodiversity funds investing in the asset class. This is good news for private markets. Time to push biodiversity investment into hyperdrive!
