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.
Just Climate’s first fund, a growth equity strategy focusing on industrial decarbonisation, has made its first three investments.
Research from the investment consultant shows the growth in number and size of impact funds in market.
The UK's development finance institution has appointed and Africa head from within, while one of its general partners – Adenia Partners – has raised $300m.
The annex fund was raised amid a rising opportunity set in energy transition, according to managing partner Reuben Munger.
The credit fund and a similarly-focused equity fund are expected to close in 2023, so Blackstone may soon have up to $13bn of dedicated capital for near-term energy transition investing.
AXA IM Alts is one of a growing number of firms turning to private wealth to raise capital, says Marion Redel-Delabarre.
Octopus will try to raise an additional £30m for its tax efficient vehicle for individual savers.
Fund V will be classified as Article 8 under the EU Sustainable Finance Disclosures Regulation.
Arcano has raised one of the larger vehicles in the budding field of private equity impact funds of funds.