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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KKR is enjoying strong tailwinds in its drive towards advancing sustainability and social equity, with news that it has raised $2.8 billion for its second global impact fund. The first incarnation launched in 2020 with $1.3 billion. But as more investment opportunities materialize, thanks to progress in clean energy and resource recycling in supply chains, not to mention workforce evolution, KKR is successfully tapping in to investor demand. This second Global Impact Fund will aim to invest long and prosper by focusing on four investment themes to advance the United Nations’ 17 sustainable development goals: Climate Action, Sustainable Living, Lifelong Learning, and Inclusive Growth. KKR will be hoping that this latest fund will prove to be a blockbuster…more a case of ‘going with the wind’ than gone with the wind!
