IFM Investors’ private equity fund ESG leanings draw CEFC, Hesta
The government-owned Clean Energy Finance Corporation (CEFC) committed A$80 million ($59 million) to IFM’s Private Equity Growth Partners Fund.
The A$179 billion ($132 billion) IFM Investors, owned by around 25 industry superannuation funds, has received commitments from government-owned Clean Energy Finance Corporation (CEFC), as well as legalsuper and Hesta for its Private Equity Growth Partners Fund.
The CEFC will invest A$80 million in the fund, which targets Australian-based mid-market growth companies that have the potential to reduce emissions in their products and services, business operations and supplier and cus…
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