Morgan Stanley Closes on $750M PE Climate Fund

Morgan Stanley Investment Management (MSIM) has held the final close at $750M in capital commitments on its “1GT” climate private equity fund, which will target investments in private companies across mobility, power, sustainable food, agriculture and the circular economy.

In a September 30 press release, MSIM said the 1GT investor group includes institutions in Europe, Japan, and North America. Half of the fund’s financial incentives will be tied to achieving avoidance or removal of one gigaton of CO2e emissions by 2025, and it intends to achieve this by identifying growth-oriented investments in companies in North America and Europe who share in that goal. 

View the press release here.

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Written By: Matt Hirst, Editorial Director

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