Brookfield president Connor Teskey sounded resoundingly positive notes about fundraising for the firm's various strategies, including its two climate funds in market.
Pelican Ag will back between 20 and 30 companies across pre-seed, seed and Series A rounds.
Flattering Q1 fundraising data and a mixed outlook: there is plenty for LPs and GPs to swap notes on at our upcoming event in London.
The fund, managed by Incofin, is seeking up to $70m to invest in sub-Saharan Africa and South and Southeast Asia.
The strategy, which is targeting €1bn, has found early favour with LPs, with more than 20 already on board.
The fund launched in 2021 with a $2bn target and will invest at least a quarter of its capital in diverse-owned businesses.
Fund closes by EQT, Infranity and others have given Q1 impact fundraising data a rosy complexion. View the presentation and download the data here.
Decarbonization Partners, led by Meghan Sharp, has already deployed 25% of its late-stage venture and growth equity fund.
The European Investment Fund has anchored the Article 9 impact fund, which will provide senior debt to agricultural businesses using sustainable practices.
A detailed list of climate-focused venture capital funds raised since January 2022.