Generate Capital is structured as a corporate rather than a fund, but the investors behind the capital raise include many significant private markets players.
The private equity firm is investing in companies 'uniquely positioned' to grow quickly by providing climate change solutions.
New VC manager Eka Ventures has raised £68m for its debut fund for UK start-ups in sustainability, healthcare and the inclusive economy. Eka’s founders say this is the ‘largest impact-driven early stage venture capital fund focused on the UK’.
The growth in wider energy-transition strategies introduces an interesting new dynamic to renewable and clean energy investment.
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.