National Homelessness Property Fund 2 will hold a final close in the next month on £150m-£200m, says head of homelessness property funds Chris Cullen.
Arcano Private Debt II is seeking to make at least 20 investments, prioritising companies promoting sustainability and having a positive impact.
The new fund compliments the Italian firm's green transition PE fund, which closed on €380m last year.
The firm has raised another $100m from institutional investors, according to a statement.
The vehicle has hit its fundraising target and received commitments from LPs including Clean Energy Finance Corporation, AP2 and Kyushu Electric Power.
The Women Empowerment for Climate fund has been established by veterans of impact and debt capital markets.
Despite the name, WDIF-II is the energy transition manager’s first co-mingled fund.
The latest fundraise is the first time the US impact firm has received commitments from large Asian allocators, according to co-CEO Kip Kirkpatrick.
Our 2024 data suggests the fundraising malaise shows no signs of relenting. But the actual picture is more complex.
The sluggish fundraising environment for impact strategies continued in 2024.