BlackRock’s $673 Million Climate Finance Partnership Fund

Fried Frank acted as counsel to BlackRock in the transaction.

BlackRock announced the raising of its Climate Finance Partnership (CFP) Fund, a flagship public-private finance vehicle focused on investing in climate infrastructure across emerging markets in Asia, Latin America and Africa in order to help accelerate the global transition to a net zero economy. CFP was oversubscribed, raising US$673 million of commitments and exceeding its target of US$500 million.

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. 

The Fried Frank team was led by corporate partner Kate Downey (Picture) and included corporate partners William Breslin and David S. Mitchell; regulatory partner Gregg Beechey; tax partners Michelle B. Gold and Nick Thornton; corporate associates Rob MacVicar, Nathan McKinnon, Ethan Chionh, Zac Mellor-Clark, Nishkaam Paul; tax associates Thomas Bramall and Rodney Hill; and trainee associates, Amal W. Awad and Yolanda Chan.

Involved fees earner: Gregg Beechey – Fried Frank Harris Shriver & Jacobson; Thomas Bramall – Fried Frank Harris Shriver & Jacobson; William Breslin – Fried Frank Harris Shriver & Jacobson; Kate Downey – Fried Frank Harris Shriver & Jacobson; Michelle Gold – Fried Frank Harris Shriver & Jacobson; Rodney Hill – Fried Frank Harris Shriver & Jacobson; Robert MacVicar – Fried Frank Harris Shriver & Jacobson; Nathan McKinnon – Fried Frank Harris Shriver & Jacobson; Zac Mellor-Clark – Fried Frank Harris Shriver & Jacobson; David Mitchell – Fried Frank Harris Shriver & Jacobson; Nishkaam Paul – Fried Frank Harris Shriver & Jacobson; Nick Thornton – Fried Frank Harris Shriver & Jacobson; Ethan Chionh – Simpson Thacher & Bartlett;

Law Firms: Fried Frank Harris Shriver & Jacobson; Simpson Thacher & Bartlett;

Clients: BlackRock;