Ambienta SGR (Ambienta), one of Europe’s largest asset managers entirely focused on environmental sustainability, has held the first and final close of its fourth Private Equity fund after less than six months of active marketing, hitting its €1.55 billion hard cap.
The fundraising attracted significantly more interest from investors than Ambienta could accommodate from the very start of the fundraising and closed on exactly the date set at the outset.
Approximately 55% of the investor support came from EU countries, 20% from other European countries, and the rest from US, Canada, South America and Asia. Notably, the fund received strong support from its existing LP base, with re-up demand in excess of 100% of prior commitments.
Read more: Private Equity Wire
