Natural Capital

The Clean Energy Finance Corporation’s former head of natural capital Heechung Sung looks back on her time in the role – and points to what may come next.

Capital will be provided as a loan and not a grant, reflecting ‘the UK’s new approach to climate finance’.

LPs committing to the new ocean-focused fund include Finnish family owned investment company Aboa Advest, US multifamily office Adamo Capital and Swiss investment holding company ARGOng Investment AG.

Angela Davis remains chief executive of the Portland-headquartered firm, which was acquired by JPMorgan Asset Management five years ago.

Fundraising analysis, natural capital strategy and leadership changes featured among the stories that have attracted the most reader attention.

The Clean Energy Finance Corporation has seen a leadership shuffle as CEO Ian Learmonth prepares to step down in September.

Foreign ownership of Australia’s water has been slowly rising, but the impact of tax changes and other economic impacts remains to be seen.

Pressure on timber revenues is widening the gap between buyer and seller expectations while increasing the importance of alternative land uses.

Executive vice-president Charlie Pringle says markets in Japan, Korea and China helped motivate a push to raise exposure to the region within its $1.2bn evergreen fund to as high as 30%.

Columbia Threadneedle’s debut deal shows how nature could enter institutional portfolios without the need for dedicated allocations.