The decision to focus solely on decarbonisation was 'well received by investors', according to partner Frida Einarson.
The fund's predecessor closed on $7.3bn in 2022.
The market forces that have propelled climate funds to the top of LP wish lists look set to continue.
Dutch private equity firm has linked 33% of its carried interest allocation to the achievement of impact goals.
Activate Capital is seeking its third fund, while 27 other VC climate funds have already closed on a combined $7.1bn this year.
View a presentation and download relevant data for impact fundraising, updated for Q3 2024.
The fund close came shortly before General Atlantic completed its acquisition of Actis, which will see Actis’s funds continue to operate under the Actis brand but also under the banner of GA’s sustainable infrastructure business.
The fund, which invests in North America and Europe, fell short of its $1bn target.
With large corporates making public commitments to decarbonise, private equity firms are turning their attention to the companies in their supply chains that will need to follow suit.
Miura announced the impact fundraise alongside a €475m mid-market flagship fundraise, and the completion of a €200m continuation fund for portfolio company Proclinic Group.