Morgan Stanley IM launches Global Climate Impact fund

Morgan Stanley Investment Management's Alternative Investment Partners Private Markets business (AIP Private Markets) has launched a $110m AuM Global Climate Impact fund, which seeks to "address critical climate issues." Launched in collaboration with the US congregations of Dominican Sisters, the globally diversified offering will provide investment solutions which focus on critical climate issues and aid marginalised communities disproportionately affected by these issues. This fund expands upon the firm's $800m impact unvesting platform, which was launched in partnership with the M...