The climate technology investment team from HSBC Asset Management’s Climate Growth Partners has formally been folded into Bridges Fund Management, marking a significant expansion of Bridges’ private equity platform.

Led by Christophe Defert and Michael D’Aurizio, the team will now operate under the new banner of Bridges Climate Transition Partners. The move consolidates the specialist climate investment capabilities previously housed within HSBC Asset Management into Bridges’ impact-focused investment structure.

 

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Launch Of Bridges Climate Transition Partners

 

Under the newly formed Bridges Climate Transition Partners platform, the team will continue managing its existing portfolio while focusing on growth-stage climate technology investments across Europe and North America. The strategy centers on scalable, commercially proven technologies supporting the energy transition, industrial sustainability, and climate resilience.

The integration provides the incoming team with access to Bridges’ in-house sustainability, impact measurement, and value-creation specialists, strengthening operational and strategic support for portfolio companies.

 

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€200 Million Climate Tech Fundraising

 

Alongside the structural integration, Bridges Climate Transition Partners has begun raising a €200 million climate technology fund. The fund will target companies positioned to benefit from accelerating decarbonisation trends, including solutions enabled by advancements in artificial intelligence, materials science, and industrial innovation.

The fundraising effort reflects sustained institutional demand for climate-focused private equity exposure, particularly strategies that combine measurable environmental impact with commercially validated business models.

By bringing the HSBC Climate Growth Partners team under its platform and launching a dedicated climate tech vehicle, Bridges is reinforcing its positioning in the growing market for transition-focused private capital.