The firm is targeting A$350m for its Environmental Opportunities Fund, and is anticipating a first close by the end of the year.
Fund III raised $126m from about 70 LPs, including Bank of America, Blue Cross and Blue Shield of Louisiana, Cambridge Associates, Ford Foundation and Winthrop Rockefeller Foundation.
Future Energy Ventures - armed with an anchor commitment from E.ON - is targeting €250m for its first comingled fund.
Fonds de Réserve Constitutionnel has invested €10m in Ocean 14, a venture fund focused on protecting ocean biodiversity.
BlueOrchard’s InsuResilience Fund II, targeting $100m, is anchored by German bank KfW.
QIC plans to raise at least A$500 million for the Queensland Natural Capital Fund, its first commingled agriculture and natural capital fund.
The Golding Impact 2021 fund has made two commitments so far.
The universe of impact real estate funds is growing, says bfinance, but allocators must be mindful of a very specific set of risks.
HitecVision’s successful fundraise shows that investors are ready to embrace green propositions from firms embedded in the oil and gas sector.
The Asia Impact First Fund follows Heritas Venture Fund II and Growth Fund III.