The Impact 50 is our proprietary list of the world’s largest managers of private markets impact capital, spanning private equity, venture capital, real estate, infrastructure, private debt and other strategies.
Accelerating institutional demand for large-scale climate investment has cemented Brookfield Asset Management‘s place as the world’s largest manager of impact capital, according to the 2024 edition of New Private Markets‘ Impact 50. Toronto-headquartered Brookfield topped last year’s list having raised $15 billion for its inaugural Global Transition Fund. This year has seen it follow up with an additional $10 billion raised for Fund II, which includes the largest ever single LP commitment to a private impact fund: $2 billion from Emirati climate vehicle Altérra. The firm expects to hold a final close before the end of Q3; it has not disclosed a final target size, but is understood to be raising around $17 billion.
You can now read the full press release at the link below
