Fundraising

The fund will lend money to firms offering access to clean energy solutions for both households and business in emerging markets.

The third instalment of the manager's Renewable Energy Income Partnership series sees it pair up with the National Grid UK Pension Scheme.

Having raised $1bn more for GIF II than its predecessor, AMP Capital will seek to acquire 100% of assets when investing its latest fund, a spokeswoman for the Australian fund manager said.

Our near-final numbers show a roughly $10bn decrease in year-on-year fundraising.

The French manager is targeting €500m for Infragreen IV, which has already lined up deals across Europe.

The Dutch firm has put London-based partner Paul Nash, who has been with DIF since 2008, in charge of the strategy.

The New York-based firm collected commitments from 240 global LPs, a strong sign that 'investors like the asset class, like the opportunity set,' GIP’s chairman said.

The vehicle is the Commerzbank subsidiary’s second in a series, although this time has wider European mandate than only Germany.

The vehicle has a target of €1.6bn and follows on from its €1.2bn predecessor, which closed last July.

The Canadian pension’s $600m commitment shows ‘alignment of the Master Fund’s strategy with what large institutional investors seek in India', NIIF says.