Impact Investing

Secondaries could offer a vital exit route for impact funds, but alignment between buyer and seller is key, writes Marieke Spence, executive director of Impact Capital Managers.

Two longtime corporate venture capital investors have joined the firm with a €120m portfolio of climate tech businesses.

Impact-focused LPs may use CVs to ‘lock’ the impact mission of companies, according to panellists at PEI Group’s Impact Investor Global Summit.

Tech-focused Nordics investor Alder has moved two assets into an Article 9 continuation vehicle.

Why conditions in the private markets impact investing space could finally be ripe for secondaries activity.

While LPs are ‘not leaving’ impact, investors have limited capital to deploy into the market, which is heavily dominated by emerging managers, a secondaries buyer said at PEI Group’s New Private Markets Investor Summit.

As impact investors increasingly seek liquidity, sustainable secondaries funds are ‘drinking out of a fire hose’.

The firm has registered BlueEarth EM Impact Secondaries II, a regulatory filing shows.

Tikehau has raised more than €1bn for smart infrastructure company Egis.

Mirova first invested €150m in TagEnergy in 2022.