Vision Ridge Partners raises $1.3bn for latest sustainable real assets fund Friday, April 02, 2021
Laxman Pai, Opalesque Asia:
The alternative asset manager focused on sustainable real assets Vision Ridge Partners closed its latest sustainable real assets fund, Sustainable Asset Fund III, at its $1.25 billion hard cap. The Fund held its final close just four-and-a-half months after commencing fundraising. Fund III initially targeted $1bn of commitments and drew interest beyond the $1.25bn hard cap, said a press release from the venture capital firm.
The fund aims to make 8 to 12 investments of $75 million to $175 million in companies in industries that are shifting to sustainability, including energy, transportation, and agriculture, it said
Boulder VC firm raises $1 25 billion for green-tech investments – BizWest
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Vision Ridge Partners raises $1 3 billion with latest sustainable real assets fund
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San Mateo County Employees commits $65 million to alternatives
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San Mateo County Employees Retirement Association, Redwood City, Calif., committed a total of $65 million to four alternatives funds, according to an announcement on the $5.5 billion pension fund s website.
At its meeting Monday, the board committed $20 million each to Vision Ridge Sustainable Asset Fund III, an infrastructure fund managed by
Vision Ridge Partners that invests in sustainable projects and ventures; and
Genstar Capital Partners X, a middle-market buyout fund.
The board also committed $15 million to Strategic Value Special Situations Fund V, a special situations fund managed by
Strategic Value Partners focused on the debt and assets of middle-market companies; and $10 million to Eclipse Fund IV, a venture capital fund managed by