Swiss Manager ZKB Makes $150M Close on PE Decarb Fund

Zürcher Kantonalbank Asset Management (ZKB AM) announced the final closing of the Swisscanto Fund Private Equity World Carbon Solutions at $150M.

ZKB AM said the fund has already made three direct and four fund investments in companies offering products and services in the renewable energy, mobility, energy, and resource energy spaces. The Swiss manager added that it believes the global market for decarbonization solutions “has considerable growth potential.”

ZKB AM said it is also actively fundraising for its World Carbon Solutions and Growth I strategies, which have now attracted more than 60 investors, and is now planning a successor to Growth I.

Source: https://www.zkb.ch/en/home/asset-management/who-we-are/investor-information/2024/closing-decarbfonds.html