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Pioneer Point Partners, a London-based sustainable infrastructure firm, raised €1.1 billion (USD$1.2 billion) for its second fund, Pioneer Infrastructure Partners II, exceeding its €800 million target in just 12 months. Classified as Article 9 under the EU’s SFDR, the fund focuses on energy transition and environment sectors in Western Europe’s lower mid-market. It attracted pension funds, insurers, and endowments, with over 50% of commitments from existing investors. The fund has invested in Yeager Energy (Dutch geothermal) and OG Clean Fuels (clean fuel stations), with a third investment planned for Q2 2025. Pioneer’s strategy aligns with UN SDGs, targeting high-impact projects like renewable energy and circular economy initiatives to support Europe’s climate neutrality goals.

Morgan Stanley Investment Management (MSIM) has closed its 1GT climate solutions private equity fund, raising $750 million. Launched in November 2022, the fund targets decarbonization by supporting companies focused on reducing global carbon emissions. Its goal is to eliminate 1 gigaton of CO2 emissions by 2050, with investments in sectors like mobility, power, agriculture, and the circular economy. 1GT is classified as Article 9 under the EU’s SFDR regulation, and half of the team’s compensation is tied to achieving its emissions reduction target. The fund aims to deliver both financial returns and measurable climate impact.