The firm expects to wrap up fundraising in the next six to nine months, according to a source close to the fundraise.
Deputy chief executive Frederic Giovansili provided an update on the firm's impact strategy on its H1 results call.
Galvanize is tying 30% of its carried interest to sustainability goals, a fund document shows.
Fundraising for impact strategies has picked up after a year to forget in 2023.
Our 2024 list of the largest managers of impact capital reveals which strategies and managers are getting attention from LPs.
A number of data points this week – including our own Impact 50 list – point to continued LP enthusiasm for private markets impact.
The appetite for Eurazeo's debut transition strategy shows the power of impact to driver allocations, says co-CEO Christophe Bavière.
Strathclyde Pension Fund has allocated £15m to Temporis Capital's impact strategy, a regulatory filing shows.
Forbion, a life sciences venture capital firm, has held a first close on €75m for Forbion BioEconomy Fund I, which is targeting €150m.
The latest investments bring the total amount raised to £210m.