Morgan Stanley Investment Management Launches 1GT Growth-Oriented Private Equity Platform Focused on Companies Seeking to Mitigate Climate Change

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Nov 21, 2022

Morgan Stanley Investment Management (MSIM) announced today that it has launched the 1GT growth-oriented private equity platform (1GT or the Platform) focused on investments in companies that will collectively avoid or remove one gigaton of carbon dioxide-equivalent (CO2e) emissions from the Earth’s atmosphere from the date of the Platform’s investment through 2050, the date by which the United Nations has mandated “Net Zero” must be achieved. Part of MSIM’s $200 billion alternative investments business, 1GT is targeting investments in private companies based primarily in North America and Europe whose products or services enable meaningful improvement in their respective clients’ carbon footprint. The 1GT team has been investing in companies seeking to mitigate climate change since 2015, having deployed nearly $600 million of capital to date through and alongside several impact-oriented investment vehicles. For 1GT, the team will tie half of its incentive compensation (commonly known as carried interest) to the underlying investments collectively catalyzing one gigaton avoidance/reduction in CO2e emissions from the date of 1GT’s investment through 2050.