Vortex Energy IV, which is targeting $700m, is looking to invest across the energy transition spectrum in Europe, North America and Australia.
The fund will follow a growth equity strategy targeting European, Latin American and Indian companies focused on 'impact themes of people, planet and productivity’.
The fund, which is believed to be targeting about €500m, is set for a first close before the end of the year.
Available to susbscribers only: an Excel spreadsheet containing details of LP commitments to funds managed by members of our Impact 20 ranking.
Bo Bai founded impact firm Asia Green Fund in 2016 following a seven-year spell as a Hong Kong-based partner and managing director at Warburg Pincus.
Next year our proprietary ranking of the largest impact managers in private markets will look totally different.
Our inaugural list of the world's largest impact managers in private markets contains specialists from private equity, private debt, private infrastructure and real estate. It promises to be controversial.
The newly established Sustainable Investment Group has raised more than $800m to invest in a market segment where valuations 'are a lot more forgiving' than other parts of private markets, says partner Ken Pontarelli.
How the research and analytics team calculates the Impact 20.
Nearly a third of LPs sent a formal ESG questionnaire in due diligence for GI Partners’ $3.9bn sixth private equity fund, David Smolen, MD and ESG chair at GI Partners, told New Private Markets.