Aviva commits to Frontier Fund while Morgan Stanley opens in London
Financial services firms are continuing to back sustainable and diversity-focused venture capital funds and accelerators.
Aviva, a UK-listed insurer, has made its second commitment from its £50m ($70m) sustainability-focused fund of venture capital funds, into the Frontier Fund recently launched by Energy Impact Partners. (FirstEnergy, a New York-listed energy group, also made a $2.5m investment in the same Frontier Fund, which targets early-stage, innovative decarbonization technologies.)
Ben Luckett, chief innovation officer at Aviva, said: “I am delighted to share we have completed…
