Deals

CarbonCure’s Series F funding round is a sign that carbon capture technology – a popular theme among climate funds – is scaling out of the venture stage.

Eiffel is the world’s 14th biggest impact fund manager, with $3.25bn raised across nine private equity, debt and infrastructure funds in five years.

The Manchester-headquartered firm invested in the company in 2021 from both its impact and buyout funds.

Nearly half of portfolio companies in impact funds exceed GPs' financial performance targets at exit, which is 'encouraging for a traditional investor who's thinking about investing in impact'.

KKR Global Impact II and parallel vehicles have raised $2.1bn so far.

It is rare to see a buyout fund making a purely financial investment into another private markets firm.

Independent verification providers such as BlueMark 'are vital in assessing and assuring that investors are delivering on their impact claims and commitments', says Temasek Trust's Dawn Chan.

The New York- and London-based manager is seeking investment opportunities of up to $100m in companies contributing to one or more UN SDGs.

The Spanish manager has inked the second deal from its climate solutions private equity strategy: a $13.5m investment in carbon procurement company Abatable.

The French manager has collaborated with Green Genius to finance the development of an Italian solar farm.