Global alternative investment manager Ares Management Corporation (Ares) has raised USD2.2 billion of dedicated climate infrastructure capital, comprising its inaugural Ares Climate Infrastructure Partners Fund (ACIP) with approximately USD1.4 billion in total raised, and USD800 million in related transaction vehicles. Through ACIP, the Ares Infrastructure and Power team provides value-add

British Patient Capital has made a USD20 million commitment into Balderton Capital VIII, which has closed at USD600 million. The fund is Balderton’s largest ever early-stage fund and will look to invest in leading-edge technologies across the UK and Europe, building on the team’s expertise in backing companies from seed