The real estate subsidiary of the Caisse de dépôt et placement du Québec has committed US$85 million to four funds within the world’s largest real estate-focused venture capital firm. Ivanhoé is the first investor in Fifth Wall’s Climate Technology Fund. (The Logic)
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The real estate subsidiary of the Caisse de dépôt et placement du Québec has committed US$85 million to four funds within the world’s largest real estate-focused venture capital firm. Ivanhoé is the first investor in Fifth Wall’s Climate Technology Fund. (The Logic)
Talking point: Based in Los Angeles, Fifth Wall focuses on using proptech to lighten the environmental footprint of their clients’ real estate holdings. Its US$200-million Carbon Impact Fund seeks to guide property owners and managers in decarbonizing their assets, so as to meet stricter environmental laws implemented by various levels of government.
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