Madeleine Farman
Milan-based Ambienta is seeking a single-asset continuation fund, which will be classified as an Article 9 vehicle under the EU’s SFDR, Secondaries Investor has learned.
While impact secondaries transactions remain a relatively small part of overall secondaries volume, these vehicles can offer more certainty around impact-linked growth stories compared with their blind-pool counterparts.
UBS will run a process to move The Norsk Gjenvinning Group into a continuation fund, as secondaries investors are beginning to take a closer look at impact funds.
Ara Partners’ industrial decarbonisation buyout fund could be one of the biggest impact funds in private equity if it hits its target – the firm has also launched a $300m-target infrastructure climate fund.
The consumer-focused private equity firm has previously made investments with a sustainability-slant, such as in alternative protein company Planted.
Claire Hedley most recently led GSAM’s ESG client strategy group in London and was responsible for the asset manager’s client facing and commercial ESG efforts across EMEA.