Europe

London Stock Exchange-listed Foresight Sustainable Forestry Company has acquired 429 ha of afforestation assets in Scotland since March.

The vehcile attracted investment from a wide pool of LPs including sovereign wealth funds, pensions and family offices as it hit its $175m target within three months of launching in 2021.

The growth and agtech vehicles have received strong interest from North American institutional LPs, with LACERA having already committed $100m to the funds.

The British fund manager has also closed its first timberland deal in New Zealand, taking a 25% stake in a permanent forestry asset.

British fund manager Gresham House took home the fund manager of the year awards as Sweden’s AP3 won the institutional award.

The winners of global categories such as Personality, Firm and Fundraise of the Year, as well as sectors like agtech, sustainability and innovation.

Paris-based PAI is targeting €7bn for its eighth vehicle, which counts food and consumer among its four principle areas of investment.

The pension's CIO Jonathan Grabel says it is continuing to gain exposure to climate-related opportunities.

The state passed a motion in March allowing cell-cultured meat producers to conduct tasting sessions, but sales of cultivated meat and dairy products are still prohibited in the EU.

The firm has linked 100% of its carry to hitting impact goals and will invest in sustainable companies across the food value chain in the OECD.