Venture Intelligence (TSJ Media Pvt. Ltd.)
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GEF Capital closes $200-M climate-focused fund
Private equity firm GEF Capital Partners - a growth equity fund targeting climate-themed businesses in South Asia - has raised nearly USD 200 million to close its South Asia Growth fund II. The investors included UK's CDC Group, IFC and Dutch investment firm FMO, European Investment Bank, Proparco, Swedfund, the US Development Finance Corporation and BIO. The fund was anchored by a large commercial asset management firm headquartered in Europe, and builds on a USD 125 million predecessor fund that was led by key GEF team members. The fund's investments are geared to support climate mitigation, adaptation, circular economy and resource efficiency.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.