TLDR:
- North Sky Capital raised $250 million for its impact secondaries fund, Clean Growth VI.
- The fund aims to generate strong private equity returns while creating positive environmental and social benefits.
North Sky Capital recently closed its impact secondaries fund, Clean Growth VI, with $250 million in commitments. The fund aims to generate strong private equity returns for investors while creating positive environmental and social benefits. Investors in the fund include prominent pension plans, foundations, wealth management platforms, and family offices from the US, Canada, Brazil, Singapore, and Europe. North Sky Capital has been a leader in sustainable investing since 2005 and utilizes its global network to source impactful investments in sectors such as energy transition, climatech, circular economy, and healthy living. The market conditions for secondaries buyers are favorable, especially in impact sectors where there is less competition. The impact marketplace has evolved over the years to offer a wider range of investment opportunities in various sectors, including water remediation, smart grid, natural consumer products, and healthcare. North Sky Capital’s impact secondaries team has been praised for their strong returns and efforts to create a cleaner, greener planet Earth.