Arcano Impact Private Equity Fund raises over €200m
Arcano Asset Management has raised over €200 million to date for the Arcano Impact Private Equity Fund (AIPEF) and has already completed ten transactions, including primary fund investments and direct co-investments in companies.
AIPEF is looking to invest in private equity funds with a focus on social or environmental impact, aiming to generate measurable positive impact alongside a financial return in line with private equity profitability.
AIPEF, which expects to achieve a €300 million target size in the in the coming months is supporting companies contributing to achieve the Sustainable Development Goals, particularly through impact themes such as energy transition, promotion of health and wellbeing, sustainable agriculture and high-quality education.
The fund is primarily focused on the US and the European markets, and its transactions include primary funds, as well as secondary transactions and direct co-investments in companies which generate a positive impact. AIPEF has already closed several transactions in the target sectors.