carried interest

There are two reasons why raising growth impact funds can be tricky, according to general partner Rémi Said.

QIC, Allianz and the European Investment Fund are among the LPs.

The firm has staked 100% of its carried interest entitlement to the achievement of its portfolio companies' impact objectives.

Amethis, an Africa-focused impact firm which Edmond de Rothschild co-founded in 2012, closed its third flagship fund last week.

The tech investor's fifth fund is already around twice the size of its predecessor, with sovereign wealth funds from Europe and Asia coming into the first close.

Forfeited carry does not go back to LPs to avoid any conflicts of interest and is diverted to a third-party organisation agreed upon by GPs and the LPAC.

The fund-of-funds is choosing to focus on mature areas of the energy transition, in part due to the new US administration, Ferdinand Dalhuisen tells New Private Markets.

The firm is courting investors from across the world for its environmental impact fund, managing partner for sustainability and impact Sophie Flak told NPM.

The sustainability-focused lender has passed the €800m mark with its first fundraise, meaning it is already the largest vehicle of its kind.

Malaysia-based impact firm Bintang is requiring portfolio companies in its next fund to achieve B Corp certification within two years.