Eiffel Impact Debt II uses ESG levers to encourage sustainability improvements and is one of the largest-ever 'impact' debt funds; strategy head Antoine Maspétiol tells NPM how Eiffel navigated the ‘tough’ fundraising environment.
Capgemini and Bpifrance have committed to the Clean Hydrogen Equipment Fund.
Including MCJ's new fund, climate fundraisers worldwide have now raised $6.9bn for 25 venture funds this year, according to Venture Capital Journal data.
The firm, led by founder and managing partner Hans Kobler, is defying a tough market for private capital fundraising.
Half of Enhanced Return Debt Fund capital is earmarked for climate solutions, per a statement.
BNP Paribas Solar Impulse Venture Fund is expected to hold a final close later this year, according to a statement.
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.
Nearly a third of the Environment Acceleration Capital Fund comprises capital from individual investors.
The impact-led venture firm is developing a new product in partnership with pension solutions provider Mobius Life.
The firm is the latest GP to turn to for transition credit investments, and has raised $240m so far.