Eurazeo's first transition fund overcame LP hesitation to close oversubscribed at €663m, with another €43m in co-investments.
The firm, which is backed by a group of oil and gas majors, will market its second early-stage fund as it also establishes a growth equity strategy.
Inverness Graham is looking to invest in the agtech transition, energy transition, industrial transition and built world transition.
The firm spent two years raising fundraising in an 'undeniably challenging' market.
Eiffel, the world’s 14th-largest impact fund manager, is introducing impact covenants into its loans.
This is GSAM's second climate fund and third fund overall in its Horizon impact platform – following the $1.6bn climate-focused debut and the $1bn-target Inclusive Growth fund currently in market.
NextEnergy Capital has raised £653m following a commitment from London LGPS CIV Limited.
North Sky is the first and most prominent impact fund manager with a dedicated secondaries fund series. Clean Growth VI is 60% invested and its first distributions are scheduled for later this month.
Private capital has started flowing towards climate finance but is unevenly spread across strategies and sectors, leaving a growth equity 'missing middle', finds a research report by CREO.
What do LPs want to see from a GP offering an impact fund?