TLDR:
Climate-focused funds have raised $4.4 billion in the first five months of 2024, surpassing their $5.2 billion fundraising haul in 2023.
Climate funds poised to set fundraising record this year
According to the article by Lawrence Aragon and David Bogoslaw, climate-focused funds are on track to set a fundraising record this year with $4.4 billion raised in the first five months. This surpasses the $5.2 billion raised in 2023, showcasing a growing interest in climate-focused investing.
Key points highlighted in the article include:
- Climate-focused funds raised $4.4 billion in the first five months of 2024.
- They are on track to surpass the $5.2 billion raised in 2023.
- Strategic LPs played a crucial role in CEV’s oversubscribed Fund II.
The article also mentions upcoming events such as the Private Funds CFO Chicago Roundup in June 2024 and the Private Funds CFO Data and Technology Forum in October 2024. Additionally, it provides insights into recent fundings, promotions, and new appointments in the venture capital industry.
