Hillhouse Capital sets up $600m dedicated carbon-neutral fund

Hillhouse Capital sets up $600m dedicated carbon-neutral fund

Source: Karsten Würth/Unsplash

Hillhouse Capital Group has hit the first close of its carbon-neutral fund as the Asia-focused private equity (PE) giant jumped on the bandwagon of setting up a dedicated vehicle to back the world’s net-zero emission goal estimated to cost $1-2 trillion of additional investments per year.