Toby Mitchenall
First-time fund manager Cornerstone VC has set out to prove that backing diverse entrepreneurs will deliver superior financial returns. Positive impact is a 'significant secondary benefit'.
Carbon accounting business Normative raised €31m in a funding round led by Blume Equity.
In doing so, the firm joins a relatively small group of private equity firms.
Kerecis 'has built a successful business transforming waste material into unique medical products', says Niklas Sjöblom, senior director, long-term equity at Kirkbi.
All-male teams are particularly prevalent in Denmark and the Netherlands, representing 65% and 68% respectively.
LPs would sooner work with managers on diversity, equity and inclusion issues than show them the door.
African Infrastructure Investment Fund 4 will invest in 'high-impact infrastructure projects across the continent'.
40% of institutional investors intend to introduce specific allocations to SDG-aligned investments within the next two years.
The listed private markets firm has added four impact advisers to work with its team on EQT Future, the private equity impact fund it is raising.
The firm has collaborated with Conservation International, a global non-profit, to form Akaria Natural Capital.