202214 Jan

Verdane closes Europe’s largest growth impact fund on €300m | AltAssets Private Equity News


Never miss a story – click to sign up to AltAssets’ free daily PE newsletter The fund will focus on investing in technology-enabled businesses based out of Europe in energy transition, sustainable consumption, and resilient communities. It has already made three investments including workplace wellbeing services provider Auntie and digital enabler of physical health Spond. Christian Jebsen, Partner at Verdane, said, “As we enter 2022 and announce the final close of Idun, we are seeing a very strong pipeline of potential investment opportunities across Northwestern Europe, as demonstrated by the Fund’s early deployments into three compelling and ambitious new portfolio companies. “We believe that sustainability is an increasingly competitive strategy, especially as the growth and private equity industry is steadily moving towards a more impact-driven mindset. As both a technology and sustainability growth partner, Verdane is strongly positioned to add value and scale its partner businesses, and we look forward to working alongside management teams to drive positive impact.” The fund close followed Hanna Skärblom joining the firm’s IR team from EY in October.

Source: Altassets