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North Sky Capital closes latest impact secondaries fund at $250m
Fundraising - JULY 9, 2024

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North Sky Capital closes latest impact secondaries fund at $250m

by Kali Persall

North Sky Capital has closed its latest impact secondaries fund, Clean Growth VI (CG VI), with $250 million of commitments.

The fund’s investor base was made up of prominent pension plans, foundations, wealth management platforms and family offices from across the United States, Canada, Brazil, Singapore and the United Kingdom/Europe.

CG VI is an Article 8 fund under Europe’s SFDR framework. The fund aims to generate strong private equity returns for its investors while also creating positive environmental and social benefits. The fund is expected to invest predominantly in the energy transition, climate technology, the circular economy and healthy living sectors.

“North Sky launched the world’s first impact secondaries fund in 2013, and CG VI is our ninth impact fund,” said Gretchen Postula, North Sky’s managing director and head of investor relations. “The team has already deployed nearly 60 percent of CG VI and has scheduled its first distributi

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