UBS raises $93m for Generation IM's sustainable fund

clock • 2 min read

Swiss bank UBS has raised more than $93m for Sustainable Solutions fund III, the newly closed growth equity fund from sustainable investment firm Generation Investment Management. The fund aims to generate long-term returns through $50-150m investments in high growth, sustainable companies, defined as providing goods and services consistent with a low-carbon, prosperous, equitable, healthy and safe society. With commitments in excess of $1bn, the fund will invest in companies which make...

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