The French firm has been growing its climate investing offering in recent years.
The fund is expected to mobilise up to €7.5bn of climate finance in emerging markets.
The Climate Action Fund is a rare example of a private equity fund exceeding its initial fundraising target.
National Homelessness Property Fund 2 will hold a final close in the next month on £150m-£200m, says head of homelessness property funds Chris Cullen.
Arcano Private Debt II is seeking to make at least 20 investments, prioritising companies promoting sustainability and having a positive impact.
The new fund compliments the Italian firm's green transition PE fund, which closed on €380m last year.
The firm has raised another $100m from institutional investors, according to a statement.
The vehicle has hit its fundraising target and received commitments from LPs including Clean Energy Finance Corporation, AP2 and Kyushu Electric Power.
The Women Empowerment for Climate fund has been established by veterans of impact and debt capital markets.
Despite the name, WDIF-II is the energy transition manager’s first co-mingled fund.