Vision Ridge Partners, a sustainable real assets investor, has raised approximately $2.4 billion for its flagship sustainable real assets strategy, Sustainable Asset Fund IV (SAF IV).
At nearly double its predecessor fund, SAF IV represents Vision Ridge’s largest fundraise to date. SAF III closed at $1.25 billion in April 2021, and SAF Annex Fund closed at $700 million in January 2023.
SAF IV was backed by both existing limited partners and new investor relationships globally, including well-respected sovereign wealth funds, endowments, foundations, family offices, public pensions and consultants.
The fund focuses on Vision Ridge’s mission of combating climate change, targeting investments across the energy, transportation and agriculture sectors. To date, Vision Ridge has committed up to approximately 30 percent of the fund across investments, including GSSG Chikuden, a utility-scale battery storage developer in Japan; VEMO, a clean mobility platform in Mex