Ares Raises $1.3 Billion for Second Climate Infrastructure Fund – New Private Markets
A new update in the world of finance and securities reveals that Ares has successfully raised $1.3 billion for its second climate infrastructure fund, Ares Climate Infrastructure II. With a target of $3 billion, this fund was launched in February 2023, and Ares has made significant progress toward reaching its goal.
This achievement demonstrates the growing interest and investment in climate-focused infrastructure projects. Ares is committed to supporting sustainable initiatives that address climate change challenges, and this fundraise is a testament to the importance of investing in climate-resilient infrastructure.
The success of Ares Climate Infrastructure II highlights the increasing emphasis on environmental sustainability in the finance and investment sectors. As climate change continues to be a pressing global issue, the significance of financing initiatives like these cannot be overstated.
Overall, Ares’ accomplishment in surpassing the $1.3 billion mark for its climate infrastructure fund is a positive development in the realm of finance and securities, showcasing the momentum behind sustainable investing and the commitment to addressing climate change through strategic investment decisions.
