In brief: First-time manager launches $200m climate fund

Emerging manager Clean Industry Ventures has launched an impact fund, according to an SEC filing.

CIV is based in Los Angeles and Austin, Texas and “backs and builds energy transition, industrial transformation and climate technology companies”, according to its website. Clean Industry Ventures I has a fundraising target of $200 million, per the filing. The firm did not respond when contacted by New Private Markets.

Patrick Maloney is listed as the filing’s signatory. He is the firm’s co-founder, according to his Linkedin profile, and previously founded clean energy technology company Inspire.