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Fifth Wall adds new partner as it seeks at least $200 million for a new climate impact fund



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When it first launched nearly three years ago, Fifth Wall had a vision of leveraging capital limited partners from across the real estate development and construction business to back the technologies the industry needed most.
That early vision resonated so well, that the firm has grown from managing one fund of $212 million to holding roughly $1.2 billion in assets under management. It has also come to the realization that the investment vehicles they’re currently managing have one huge blind spot — climate-related technologies.
With that deficit in mind, the firm has set out to raise a new climate-focused investment vehicle with …

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