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UBS GWM backs US$1B sustainable fund from Al Gore’s Generation IM

UBS Global Wealth Management has raised over US$93 million from private clients for the Sustainable Solutions Fund III launched by Al Gore’s Generation Investment Management, a growth equity fund which has closed at more than US$1 billion. Given the fund’s aim to generate long-term returns via US$50 million-150 million investments in high growth and sustainable companies, UBS’s involvement as the…

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