Milltrust’s Managing Partner Speaks to VCCircle About India Climate Impact Investments

September 16, 2020

BY Alexander Kalis

By Ranjani Raghavan, VCCircle, 16 September 2020

Milltrust International’s climate impact fund is likely to increase its India exposure as more companies make efforts to go green, a senior executive told VCCircle.

The London and Singapore-based asset manager — founded in 2010 to make sustainable investments —  launched its long-only climate impact Asia fund earlier this year to invest in listed companies across Asia that are making a positive impact on climate change.

The fund’s focus is to eventually raise as much as $500 million (Rs 3,676.6 crore), though the vehicle has already started investing after raising an initial sum from pension funds.

“India can easily reach 25-30% of the portfolio subject to finding the right opportunities,” Alexander Kalis, managing partner at Milltrust International LLP, told VCCircle over phone.

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