TLDR: Cross-Border Impact Ventures has raised $90 million for its inaugural fund, with limited partners including KfW, M&G’s Catalyst, Wire Group, and several family offices and foundations.
Key Points:
- Cross-Border Impact Ventures has successfully closed its inaugural fund, raising $90 million.
- The limited partners in the fund include KfW, M&G’s Catalyst, Wire Group, and various family offices and foundations.
- The fund will focus on investments in Canada and the United States, with a particular emphasis on areas such as clean energy, healthcare, and sustainable agriculture.
Cross-Border Impact Ventures has raised $90 million for its inaugural fund, with limited partners including KfW, M&G’s Catalyst, Wire Group, and a large number of family offices and foundations. The fund aims to make investments in Canada and the United States, with a particular focus on sectors such as clean energy, healthcare, and sustainable agriculture. The closing of the fund marks a successful milestone for Cross-Border Impact Ventures, which will now be able to deploy capital to support companies that are making a positive environmental or social impact. The fund’s limited partners will also benefit from the potential financial returns generated by these impact investments. Cross-Border Impact Ventures will now begin the process of identifying and evaluating potential investment opportunities. With its strong network of LPs and a focus on high-potential sectors, the fund is well-positioned to make a meaningful impact in the impact investing space.
