Nuveen secures $785m for Nuveen C-PACE Lending Fund III

Nuveen, a global asset manager with over $1.3trn AUM, and Nuveen Green Capital have announced $785m in new capital commitments to its latest fund. According to Nuveen, its Green Capital’s C-PACE lending strategy provides insurance investors with access to investment-grade impact assets, offering the potential for long-dated, steady returns while supporting much-needed capital expenditures on …