AP3 invests in new credit fund that integrates sustainability analysis
The Third Swedish National Pension Fund (AP3) is pleased to announce that it has initiated a relationship with Generation Investment Management and has invested 50 million USD in Generation’s new Global Credit Fund (The Fund). The Fund has a focus on performing companies that require debt financing for growth purposes. The Fund seeks to build relationships with companies that are embracing sustainability challenges and opportunities, including the transfer to a low-carbon economy. Sectors in the Fund are expected to include energy efficiency, waste to energy, water treatment and solutions,