circular economy

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

The Swedish impact manager is planning to help scale a company operating second-hand goods auction platforms.

The European Investment Bank, Allianz France and the Wortmann Family Office are among the VC fund’s investors.

Circularity Capital, a fledgling circular economy fund backed by AXA IM Alts, Christian Super and BNP Paribas Fortis, is investing its first growth fund while raising its second.

TZP Group and Nuveen worked together to recapitalise a secondhand discount retailer that aims to support local charities.