carried interest

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.

Hear from one GP who has opted to tie carry to an impact target, and another who believes alignment on impact is naturally built-in to the private equity model.

Pioneering fund managers are making the ultimate GP prize – carried interest – contingent on impact or ESG metrics. In part one of this deep dive, we ask who is doing it and what their motivations are.