🤯 Only a mere 1% of global AUM go to impact investing. Sounds unreal. Big news today as Norrsken VC just closed a second €320M impact fund, Europe’s largest to date, which only reinforces that return and impact should and can go hand in hand. Saving the planet is good business, period! Here's FT's piece on the story: https://lnkd.in/dRd-zrej Cheers to trailblazers and to hoping more will follow!
🎇 We’re thrilled to announce the close of our second fund – oversubscribed at a whopping €320m 🎇 Read all about it: 🇬🇧 Financial Times - https://lnkd.in/dRd-zrej 🇸🇪 Dagens Industri - https://lnkd.in/deVdfvqR A shout out to our investors, who make all potential impact + returns possible. Folksam, Första AP-fonden (AP1), European Investment Fund (EIF), Otto Group, KfW Capital , BMW Group, Saminvest AB, SEB, Credit Suisse, Nordea, Investcorp-Tages, and the National Treasury Management Agency, to name just a few – out of 50! We’re excited about the next couple of years together proving that impact = alpha. But we know we’re not the main character – that’s a role reserved for the new breed of founders we’re proud to back. This includes second-fund stars at evroc, Granular Energy, Sunsave, Material Evolution, Lun and … some more that you’ll hear about very soon. 🤫 While we can’t wait to deploy this record-busting new fund, we realise one thing: impact investing might be booming, but the capital available here is still a drop in the ocean – representing roughly 1% of total assets under management worldwide. Our work is only done when we see every dollar invested as net positive for people and planet, so we’re going to keep doing what we’ve done since 2017: encouraging more capital to go to the force of nature founders with big ideas that will help make our lives prosper within the planetary boundaries – while building massive businesses. Let’s get to work!
