Court hands big victory to private funds. Rifts in LP community may have aided the downfall of the regulatory package.
The Wallenberg Foundations-related investment office is led by ex-Skandia PE exec Daniel Winther and aims to quadruple its net assets to €1bn within five years.
Investors in Fund II include the Grantham Foundation for the Protection of the Environment, the Dunn Family Charitable Foundation, Carbon Equity, Builders Vision and New Summit Investments.
The investor's climate opportunities program, which raised raised £1.4 billion in 2022, has raised an additional £1.2 billion in commitments.
A light-hearted session at the Impact Investor Global Summit was an opportunity for serious reflection on the direction of travel.
The $5bn pension has boosted its VC target to 4.5%, in addition to increasing its allocations to private equity and private debt.
Raising a sophomore fund can be even harder than closing on a debut fund. Successful fundraisers share the tricks of the trade.
The capital needed to grow category-leading companies up north is beyond the capacity of LPs in Canada, which could make fundraising by VC managers more difficult.
The fund of funds, which is targeting $750 million, expects to invest 70 percent of its capital in primary funds, including as many as 14 venture funds.
To address Europe's 'Series B Death Valley' for climate tech companies, World Fund has set aside €200m of its new €300m fund for follow-on investments in its best-performing companies.