Register for weekly alerts

Fund investing in resource efficient businesses closes ahead of target at €323.5 million

Date: Wed, 5 Nov 2014 | Author: Paul Sanderson

Image for Fund investing in resource efficient businesses closes ahead of target at €323.5 million

Investment firm Ambienta has closed its Ambienta II fund at €323.5 million (£254 million) ahead of its €300 million target.

The fund will target the growth focused strategy of Ambienta by targeting businesses capturing long-term global trends towards resource efficiency and pollution control.

Investors included institutions from around the world including pension funds, insurance companies, funds of funds and family offices in Europe and the United States.

Ambienta is a European private equity firm based on Milan, Munich and London.

Managing partner Nino Tronchetti Provera (pictured) said: “We believe that the success of our fundraising, which closed above the original target and ahead of schedule, reflects investors’ appreciation of both the huge opportunity for long term environmental trends, and the effectiveness of our industrial strategy to address it. We are now focused on continuing to identify attractive opportunities across Europe and delivering strong returns for our investors.”

Novelis Every Can Counts

PROJECTS

Circular Economy Roundtable Discussion Part 3

The final part of our discussion, looking at the business opportunities in the circular economy.

Find out more

Circular Economy Roundtable Discussion Part 2

Part 2 of this three-part discussion looks at the practical implications of the circular economy

Find out more

Other Projects

Recoup Conference 2017Recycling UKNovelis Every Can CountsHanicke Robins Sanderson