Photo of Tom Steyer, co-chair of Galvanize Climate Solutions.
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.
Obligo said that it has already deployed capital from the fund into six investments with 'several more in the pipeline'.
Spanish GP Creas reached a first close after a €20m commitment from the European Investment Fund.
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