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Al Gore’s Generation Investment to Raise $1.25 Billion for New Fund

Al Gore

Al Gore

Photographer: Patrick T. Fallon/Bloomberg

Generation Investment Management, the impact-focused investment firm co-founded by Al Gore, is seeking to raise $1.25 billion for a new fund.

The vehicle will target innovative sustainability-focused high growth companies primarily in North America and Europe, according to an investor letter seen by Bloomberg News. That may include firms involved in climate change solutions, low-cost health care and providers of wider access to credit.