GEF Capital closes $200-mn climate fund as CDC, IFC, others chip in
The fund was anchored by a large commercial asset management firm headquartered in Europe, and builds on a USD 125 million predecessor fund that was led by key GEF team members, according to Raj Pai, one of the founders and managing partner at GEF Capital.Climate growth investing is not just about achieving a positive environmental impact but also acts as a powerful operating and risk-mitigation theme, he said.
Source: devdiscourse.com