Products
Data Sets
Integrations
Services
FUNDRAISING NEWS | February 11, 2025
Tags: Private Equity, Fundraising
Adamantem Capital notified the SEC on February 7 that the Adamantem Capital Environmental Opportunities Fund reached its final close with $221.1M in capital commitments.
The Australian investment manager disclosed in a filing that the fundraising formally ended on January 20, 2025, about 18 months after opening sales of the fund in June 2023. New Private Markets reported on February 10 that the firm's first climate impact fund secured commitments from the Clean Energy Finance Corp., the Minderoo Foundation, NGS Super, Manulife, APG, and Carlyle’s Alpinvest unit, with two-thirds of commitments coming from outside of Australia.
Citing Adamantem Managing Director Rajiv Viswanathan, the report added that the fund is looking to complete 12 investments in growth equity or lower mid-market companies. So far, it has built a portfolio comprising sustainable packaging company Pac Trading, electric vehicle charger distributor Evnex, low-voltage monitoring technology provider Edge Zero, and building embedded networks designer and operator Microgrid.
Adamantem said it targets opportunities that generate outstanding financial returns while bringing about positive environmental, social and governance outcomes. Across its private equity and public market strategies, the firm manages approximately $1.6B of assets.
Written By: Dakota
Report: BC Partners Targets €6B Raise for 12th Flagship Fund
February 11, 2025
Adamantem's Environmental Opportunities Fund Secures $221.1M at Close
February 11, 2025
Longshore Capital Closes Second PE Fund at $325M Hard Cap
February 10, 2025
Pathway to Offer RIAs Access to Funds through Proteus Platform
February 06, 2025
BlueOrchard's Second Climate-focused Private Equity Fund Hits $100M
February 06, 2025
925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481
© Dakota 2025 | Terms of Use | Privacy Policy
