Institution: New Zealand Superannuation Fund
Headquarters: Auckland, New Zealand
AUM: NZ$60 billion ($38.3 billion; €36.1 billion)
Allocation to alternatives: 3.0%
The commitment to WCIF I follows similar investments in the Generation IM Sustainable Solutions Fund IV and Fifth Wall Early-Stage Climate Technology Fund. WCIF I will invest in venture capital and growth companies developing products and solutions for climate change mitigation across North America and Europe.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.