CATALYTIC CAPITAL FUND
Brookfield targets USD 10 billion investments in renewable sector
Canada’s Brookfield Asset Management plans to triple its investments in India’s renewable energy sector to over $10 billion within the next three to four years. The firm is also exploring opportunities in electric vehicles and green hydrogen. With a current portfolio of over 25 GW, Brookfield is the second-largest investor in India’s green energy assets. Through its new Catalytic Transition Fund, Brookfield aims to further its commitment to clean energy and transition projects in emerging economies, including India.
UAE's Alterra commits $1 billion to Brookfield’s climate fund
The $5-billion Catalytic Transition Fund (CTF) managed by Brookfield Asset Management receives a $1-billion commitment from UAE's Alterra Management Limited to invest in clean energy and transition assets in emerging economies.
India offers USD 500 billion investment opportunities in clean energy, other sectors by 2030
New Delhi India offers huge investment opportunities worth over USD 500 billion, particularly in clean energy value chain including renewables, green hydrogen and EV, by 2030, the commerce ministry said on Thursday. This was stated by Commerce Secretary Sunil Barthwal, who is in Singapore for the two-day meet of the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum.
Private philanthropy to expand at 10–15% annually in next five years: Neera Nundy, Partner, Dasra
Private philanthropy is expected to see a significant expansion with family philanthropy seeing a shift towards building a strong ecosystem.
India invites investors from IPEF nations to invest in $1 trillion clean economy opportunity
The 14-countries of the IPEF Thursday announced plans to provide $33 million in initial grant funding for the IPEF Catalytic Capital Fund for climate infrastructure projects. The fund is proposed under the Pillar III Clean Economy Agreement of the framework.
Climate investor Eversource receives grant funding from US and Danish governments
Eversource, a climate investment joint venture between Everstone Group and Lightsource BP, has received catalytic concessional capital from the U.S. Department of State and USAID through the Blended Finance for Energy Transition (BFET) program.
- Go To Page 1
Sandboxing, catalytic capital and talent hub: Dubai’s innovative approach to economic growth
Dubai's regulatory-led tech growth, catalytic and patient funding, and policies to attract talent are spurring growth in crucial sectors of the Emirate
Garuda Aerospace raises Rs 25 crore from Venture Catalysts, WeFounderCircle, others
The funding saw participation of other investors including San Angels and Hems Angels. The company plants to use the funds raised towards working capital requirements.
How wealthy individuals & family offices are embracing catalytic capital
Providers of catalytic capital include governments, corporates, business owners, and investors who look to achieve a twin objective – a positive social/environmental impact followed by a financial return on investment. Business owners and wealthy individuals are increasingly taking responsibility for protecting the natural and social environment by contributing financial and human resources.
Startups need better business model to tide over funding woes: Experts
Startups need to come up with more economically sustainable business model and tighten their belts to tide over situation created by drop in funding amid global economies facing disruptions, opined players in the segment.
ETMarkets PMS Talk: Manoj Bahety explains how he wants to capture “trillion dollar India opportunity” through his fund
Carnelian Capital Compounder Fund aims to invest in a concentrated portfolio of 25 long-only stocks within its QARP framework, focusing on capturing the trillion-dollar Indian market opportunity. In response to macro headwinds and geopolitical issues, all flagship schemes have reportedly delivered decent outperformance versus its benchmarks. The portfolio is reportedly evaluated within two broad baskets--Magic (50%-60%) and Compounder (30%-40%)--to identify companies with visible change and a blend of sustainable earnings growth.
NIIF: Building on the building blocks
It may have been built, leaning on several “friendly” anchor investors, many of whom had originally baulked at the idea of redeploying capital in India. But now, under a new, soon to be appointed CEO, it needs to build on its track record. The government should therefore nudge organisations like EPFO or LIC that are sitting on nearly billion dollars of government paper to channel funds through NIIF to build our infrastructure, much like the pension funds of Canada.
G20 presidency: India can unleash a Green Frontier development model that will drive competitiveness, jobs & GDP growth
To accelerate climate finance, it is necessary to scale up various multilateral development banks like the World Bank, including the International Finance Corporation (IFC), as well as various development finance institutions.
View: India’s wealthiest need to give more, and more often
Despite economic uncertainty and the continuing impact of Covid-19, Indian philanthropy is growing steadily as evidenced,. Social sector funding, primarily driven by the government, has grown approximately 12% annually over the past five years.
Amazon makes first venture fund bets with $150 mln for underrepresented founders
The company expects the initiative will lead to a financial return and new product development to benefit its customers, coupled with extra capital for those lacking access
The world’s industrial comeback drives metals to multi-year high
Some of the world’s large economies such as the U.S. and China are recovering from the pandemic, stoking demand for more cars, electronics and infrastructure.
Indian-origin Preeti Sinha to lead UN Capital Development Fund
Sinha commenced her tenure as UNCDF Executive Secretary, the highest leadership rank in the institution, on Monday.
A pro will run India's Rs 120-crore seed fund for Bharat startups
The professional fund manager, who will be appointed soon by the central government, will invest and manage the seed fund for 300 startups in a dozen Tier-II and Tier-III locations in India.
Reall and Tree Line Asia Master Fund invest Rs 77 crore in Bengaluru-based developer Janaadhar India
Tree Line has invested Rs 22.5 crore in equity raising its stake in the company with Reall putting Rs 49.5 crore in debt. Other existing investors have put in another Rs 5 crore between them, senior officials with Janaadhar said.
We need inclusive capitalism that can help vulnerable people: Rajiv J Shah, President, Rockefeller Foundation
The foundation, active in India since 1913, has now partnered with Tata Power to install mini grids to supply power to more than 10,000 villages. “We can bring the cost down significantly… and we are sure low income customers will pay for reliable power,” says Shah in an interview with Shailesh Menon in Mumbai.
IFC to back Nandan Nilekani's Fundamentum
Fundamentum raised $20million from Canadian pension fund for its first fund called Fundamentum Partnership - Fund I, as ET reported on Thursday.
ADB issues Rs 14 billion Indian rupee linked bonds
Today's fundraising represents ADB's largest single offshore Indian rupee bond issue to date, said the agency.
Unitus Seed Fund hires Milind Shah as healthcare venture partner
Shah will bring in deep under standing of healthcare, relationships with medical technology companies and hospital chains as well as expertise in drafting strategic plans, executing business model innovations and mergers and acquisitions.
Government proposes tax exemptions on Esops, VC investments in startups
The proposals have been sent to the finance ministry as part of suggestions for next year’s Budget and are aimed at promoting the startup ecosystem.
India seeks calibrated, clearly communicated monetary policies: Arvind Mayaram
Clearly communicated monetary policies will build trust and improve business sentiments across the world, said Economic Affairs Secretary Arvind Mayaram .
OECD, rich G8 countries look to channel their funding into impact-investing projects
The OECD and the rich G8 countries are therefore beginning to restructure their giving patterns from the aid kitty to align with impact investing.
Plan panel favours tax sops for angel investors
The panel headed by former revenue secretary Sunil Mitra has also recommended allowing greater flow of insurance and pension capital into early stage venture capital funds.
Leveraging multilateral banks to boost investment in infra help meet 12th five-year plan targets
Multilateral Development Banks such as the Asian Development Bank can play a critical role in helping economies in the region improve their investment climate.
Carmakers to use $7 billion of platinum in catalytic converters for diminishing supply glut
About 3.82 million ounces will go into auto catalysts, 17% more than this year and the most since 2007, Morgan Stanley estimates.
Load More
