circular economy

UBS will run a process to move The Norsk Gjenvinning Group into a continuation fund, as secondaries investors are beginning to take a closer look at impact funds.

Nornorm, which has raised €110m from investors including Verdane's Idun impact fund, bases its business model on redeploying office furniture to reduce waste.

Bertrand Camus will focus on the circularity, waste and water sectors.

The firm’s $15bn third infrastructure fund will acquire waste management services company VLS Environmental Solutions.

GSAM has taken a minority stake in textile recycling business Recover, linking up with Story3, a firm founded by Goldman Sachs veteran Peter Comisar.

Closed Loop Partners has closed its debut buyout fund at $200m.

The impact firm is investing its third sustainable infrastructure fund while raising its fourth.

Circularity Capital has closed its second fund – the world’s ‘largest circular economy private equity fund’, according to the firm.

‘We’re able to get the word out,’ says Regeneration.VC – which has raised $45m for its debut circular economy fund from a raft of public figures and family offices.

The Edinburgh-based private equity firm is raising its second growth capital fund targeting investments in Europe’s circular economy.