Creation’s fifth fund, a private equity strategy ‘improving the lives of the unbanked and underbanked across emerging markets’, has closed at $270m.
Fund IV is expected to reach its target and cap by the summer of 2023, sources told affiliate title Buyouts.
The GIG Energy Climate Opportunities vehicle is set to launch early next year, with an initial closing later in 2023.
Aruwa Capital Management was founded in 2019 to 'address the investment gap that women led enterprises face in Africa'.
Despite many private fund investors slowing their pace of allocations, there are a handful of reasons for those raising impact capital to be more optimistic than their mainstream peers.
The private markets division of asset manager Schroders plans to make repurposing town centres a key component of its investment strategy.
A portion of the team’s incentive compensation will be tied to its impact goal.
Linking remuneration to decarbonation targets 'led us to winning' €120m mandate, says the Paris-based firm.
The European Investment Fund provided a €75m cornerstone commitment, with the fund likely to close in the next 12 months.
The Zurich-based manager will back private equity GPs pursing two separate impact themes.