fund economics

Dutch private equity firm has linked 33% of its carried interest allocation to the achievement of impact goals.

The fund, which invests in North America and Europe, fell short of its $1bn target.

Ring Capital links 50% of its carried interest allocation to the achievement of impact goals.

The firm has seen appetite for its first developed markets impact credit fund from pensions and insurers, head of impact strategy Diane Mak told New Private Markets.

Impact Expansion makes PE investments in affordable healthcare, adult education environmental protection.

The firm had hoped to close the fund last year but had to wait for EIF to finalise its comment, fund director Daan van Kassel tells New Private Markets.

A majority of both investors and managers believe ESG costs should be included in the management fee, according to a report from Bfinance.

A funds lawyer tells New Private Markets how a client changed its impact-linked performance incentives after LP concerns.

Co-founder Til Klein describes Identity.vc as 'Europe’s first venture capital fund investing in early-stage LGBTQ+ led start-ups in Europe and beyond'.

Standardisation of impact data and better availability of benchmarking tools will encourge more adoption, says Russell Investments' Samantha Steele.