Charles Avery

The US impact firm is expanding into new asset classes while seeking up to $5bn for its fifth private equity fund.

The Article 8, unit-linked product will allow commitments from €5,000.

Concerns around financial performance are still keeping some investors from pursuing sustainable or impact investments. For those that have started, climate is the dominant theme.

The debt fund will use a blended model to target foundations, family offices, high-net-worth individuals.

The 89-page report provides an in-depth look at the regulatory obligations for UK-based actors in the private markets.

The Article nine fund exceeded its €350m target, raising 'mainly from large family offices in Europe, Asia and South America', said executive chairman Frédéric de Mévius.

Research from the investment consultant shows the growth in number and size of impact funds in market.