Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Measure Better Investing in Racial Equity Beyond Aid Beyond Trade-offs Impact en las Americas New Revivalists Women Rising in India Operation Impact
Smarter Money Women Rising 2030 Finance Locavesting Inclusive Economy Regeneration Impact Tech New Power Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Industry News Impact Management Good Business Personal Finance Faith and investing Billionaires
Gender Lens Investing Women Rising in India
SDGs Climate Finance Clean Energy Innovative Finance Full Stack Capital Long-termism
Opportunity Zones Investing in place
Entrepreneurship Return on Inclusion Good Jobs Inclusive Fintech Creative economy Housing New Schooled Well Being People on the Move
Conservation Finance Farmer Finance Financing Fish
Blockchain/AI/IoT Urban Tech Food Tech Inclusive Fintech
Human Rights Democracy and Peace News and Information
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States Growth Markets
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

UBS clients chip in $225 million for KKR’s Global Impact Fund



ImpactAlpha, Sept. 4 – Details are emerging about how KKR crossed the $1 billion mark for its Global Impact Fund, which will invest in commercial solutions that contribute to the UN Sustainable Development Goals.

Last year, the New York State Common Retirement Fund confirmed it has committed $300 million. Now comes UBS, which announced its wealth-management clients have placed $225 million to the fund. UBS earlier raised $325 million for TPG Growth’s $2 billion Rise Fund.

What we know about KKR’s $1 billion Global Impact Fund

“Tackling global sustainability challenges is an increasingly important investment opportunity for us and for our clients,” UBS’ Mark Haefele said in a statement. The Swiss bank in 2017 committed to raise $5 billion over five years for SDG-related impact investments.

KKR’s Global Impact Fund has invested in Singapore’s Barghest Building Performance, which helps owners of commercial and industrial buildings save energy, and Indian waste management company Ramky Enviro Engineers.

All in the family: KKR’s Global Impact Fund co-invests with KKR’s Asia fund

“There is significant opportunity to invest in businesses that create value by delivering commercial solutions to critical challenges,” KKR’s Robert Antablin said. 

You might also like...