Australian Ethical Investment Growth Opportunities Fund secures A$625 million seed and cornerstone commitments for climate-focused private markets investments

Australian Ethical Investment launched the Australian Ethical Investment Growth Opportunities Fund with a A$500 million seed investment from itself and a cornerstone commitment of up to A$125 million from the Clean Energy Finance Corporation (CEFC). The fund targets wholesale investors and focuses on private market investments aligned with decarbonization, digitalization, urbanization, circular economy, and changing demographics. CEFC Executive Director Heechung Sung highlighted the fund's role in establishing a scalable platform for climate-focused assets to accelerate Australia's decarbonization efforts. The fund aims to deliver 11%–13% annual returns over seven years with quarterly liquidity, targeting measurable impact alongside market-rate returns. Australian Ethical's Head of Private Markets Adam Roberts emphasized the fund's diversification benefits for wholesale investors seeking impactful private investments.

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Lender

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Clean Energy Finance Corporation

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Investor

Australian Ethical Investment

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Sydney-based ethical investment manager with $14B in assets under management, specializing in sustainable and renewable energy investments across Australia. Focuses on future-building sectors including renewable energy, IT, healthcare, and education while excluding fossil fuels, gambling, and tobacco.