Weekly Digest: Prudential, CDPQ invest in transition fund; GIC report warns of climate hit to real estate
Large asset owners subscribe to Brookfield AM's Catalytic Transition Fund; Climate change can cost property industry more than $500 billion by 2050, says GIC, S&P report; Indonesia Investment Authority, AllianzGI ink private credit partnership deal; and more.
TOP NEWS OF THE WEEK
GIC, Prudential, Temasek, and CDPQ have invested in Brookfield Asset Management’s Catalytic Transition Fund (CTF), which had an initial closing of $2.4 billion to invest in clean energy and transition assets in emerging markets.
CTF was launched at COP28 with up to $1 billion of catalytic capital provided by Alterra funds, a private investment vehicle for climate finance based in the United Arab Emirates.
The Fund expects to announce its initial investment…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.