Nick Evans writes that Brookfield, the world’s second largest alternative asset management firm, has raised the largest ever private fund dedicated to accelerating the global energy transition to a net-zero carbon economy with the announcement of the final close of its inaugural Brookfield Global Transition Fund with total capital of USD15 billion.

Global multi-alternatives investment platform LGT Capital Partners has announced the final close of its first dedicated impact-focused private equity fund after drawing heavy oversubscription from a diverse global investor base.

HSBC Asset Management is creating a new unit within its USD58 billion alternatives business to provide new and bespoke capital solutions in private and sustainable investment markets for institutional and wealth clients.

Nick Evans writes that BlackRock is establishing a perpetual infrastructure investing strategy that will seek to partner with leading infrastructure businesses over the long term to help drive the global energy transition.

Nick Evans writes that nearly two-thirds of existing limited partner (LP) investors in private equity funds believe that the introduction of new sources of retail and non-institutional capital into private markets will adversely impact their future returns from alternative assets, according to the latest edition of Coller Capital’s twice-yearly Global Private Equity Barometer.

Biospring Partners, a growth equity firm exclusively focused on B2B life sciences technology companies, has closed its debut fund with over USD245 million in capital commitments from pension plans, fund of funds, endowments and foundations, and family offices.

Dutch asset management giant Robeco is launching an innovative factor-based quantitative credit and fixed-income strategy focused on the United Nations Sustainable Development Goals (SDGs) and climate sustainability.

Nick Evans writes that a challenging month in May produced mixed results for most hedge funds as volatility intensified across global financial markets, although several strategy areas are still showing strong gains for the year and substantial outperformance against major equity market indices.

BlueOrchard Finance, the global impact investment manager that is part of the Schroders Group, has launched the BlueOrchard Financial Inclusion Fund, a new private equity strategy aiming to foster financial services to low-income individuals and connect millions of entrepreneurs in growth markets with investors.

JP Morgan Asset Management has closed its new European and North American special situations investing fund at the oversubscribed total of USD2.4 billion, underlining the growing appetite among investors for the expanding opportunity set in distressed and stressed investing in the major economies as a result of recent financial market volatility and the challenging global macro-economic and geo-political climate.