To what extent do renewables qualify as ESG? Should LPs invest in funds that combine renewables with midstream oil & gas, fracking or power investing supporting coal fired plants? How do these funds meet ESG requirements?
Pensions Infrastructure Platform (“PIP”), a dedicated infrastructure investment manager established by pension schemes, for pension schemes, to facilitate long term investment into UK infrastructure, has reached an important milestone in its development with the first equity investment by the PiP Multi-Strategy Infrastructure Fund (“MSIF”).
Five of Switzerland’s largest pension funds are behind a new infrastructure investment platform, structured as an evergreen, which had its first closing at CHF 300m (€ 247m) with a substantially higher target volume.