Morgan Stanley Investment Management's Alternative Investment Partners Private Markets business (AIP Private Markets) has launched a $110m AUM Global Climate Impact fund, which seeks to “address critical climate issues”.
Launched in collaboration with the US congregations of Dominican Sisters, the globally diversified offering will provide investment solutions which focus on critical climate issues and aid marginalised communities disproportionately affected by these issues. The 'S' in ESG: What benefits can social factor analysis offer investors? This fund expands upon the firm's $800m impact unvesting platform, which was launched in partnership with the Morgan Stanley Institute for Sustainable Investing in 2014, and aims to "drive positive social and environmental impact" in sectors including mobili...
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