GAM Investments has launched a low carbon infrastructure strategy in Australasia. The investment strategy, managed by GAM’s Alternative Investment Solutions (AIS) team, seeks to achieve medium to long-term capital appreciation predominantly through investing in private funds providing access to low carbon, energy transition infrastructure projects. The infrastructure investment private funds market has over USD800 billion in assets under management globally, and this is projecting to grow to USD 1.9 trillion by 2026.   

FOV Ventures, a new specialist VC firm to invest in early-stage founders at the forefront of the Metaverse, has he’d the first close of its target EUR25 million fund at EUR16.5 million.  The fund will invest in pre-seed and seed-stage companies across Europe, leveraging the industry expertise of its founding partners and its active ‘Edge Network’, a community of leaders in the field helping to scout new deals and support the fund’s portfolio.  The two Founding Partners of FOV Ventures – Dave Haynes and Petri Rajahalme – are industry veterans. Prior to launching FOV Ventures, the team has backed Metaverse

Tacora, an investment management firm dedicated to optimising the financing of early and mid-stage companies, has held the first close of its inaugural fund at USD250 million.  The fund, which has a target size of USD300 million, is backed by prominent venture capitalist Peter Thiel, providing capital and access to a high quality strategic network. Tacora’s goal is to deliver creative financing solutions to high-growth, tech-enabled companies with capital-intensive technology platforms in sectors such as Fintech, Insurtech, Proptech, Logistics and Transportation. 

NGT, an Israeli VC firm focused on investing in the health technology sector, has raised USD92 million for the NGT HealthCare II Impact Fund, according to a report by CTech. The fund will target investments around 25 early-stage startups and 16 pre-incubator, academic projects in biotechnology, bio-convergence, and medical devices. It will also place an emphasis on backing entrepreneurs from the Arab community.

Lios Partners, founded by former OMERS Private Equity executive Jonathan Blair, is targeting USD200 million for its debut buyout fund, Lios Partners I, according to a report by BuyoutInsider. The hard-cap for the fund is USD300 million, but the report quotes sources as saying interest from limited partners means that the Toronto-based firm is expected to increase the fund’s size. Lios is planning to focus on investments in the food sector, making control or significant minority investments, typically ranging from USD25 million to USD50 million, in mid-market food and agriculture companies operating throughout the value chain. 

The Avalanche Foundation has launched Avalanche Multiverse, an up to USD290 million incentive programme focused on accelerating the adoption and growth of its novel “subnet” functionality, which enables a rich ecosystem of scalable app-specific blockchains.  Initially, the programme is focused on supporting new ecosystems including, but not limited to, blockchain-enabled gaming, DeFi, NFTs and institutional use cases.   Avalanche Multiverse will bring a DeFi Kingdoms specific Subnet or ‘appchain’ with a combined maximum of USD15 millionof incentives for $AVAX and $CRYSTAL, a new Avalanche-native token created by DeFi Kingdoms to complement its existing $JEWEL token. Details surrounding the allocation of

TGC Impact, a women-founded and led growth equity firm, has launched its inaugural fund, the TGC Impact Growth Fund, which is dedicated to providing access to capital for women and minority owned or operated businesses located in the New American South. The region spans sixteen states from Maryland to Texas, has a rich history and today offers steadfast economic growth opportunities and prosperity. TGC Impact aims to maximise value for investors by combining access to underrepresented markets with operational value creation in growing businesses facing an inflection point. Beyond alpha generation, the impact focused approach endeavours to contribute to economic

Early-stage venture capital firm Wavemaker has closed its latest fund with USD136 million in capital commitments, according to a report by Bloomberg. The fund, Wavemaker’s fourth, will invest in startups operating in the technology sectarian South East Asia. The firm exceeded its initial target of USD120 million, with existing backers  Several investors in previous Wavemaker funds including Temasek Holdings Pte, Pavilion Capital, International Finance Corp and Vulcan Capital, all participated in the fundraising with exceeded the original target of UDSD120 million. Other participants include institutional investors, university endowment funds, funds of funds, family offices, corporates and high net worth individuals.

Kurma Partners has held the first closing of its Growth Opportunities fund at EUR160 million. Meeting the demand of the growing maturity of the European biotech and healthtech ecosystem, this new fund, which is targeting EUR250 million, aims to accelerate the growth of the best European companies in the healthcare sector.  Kurma Partners has received the support of the European Investment Fund (EIF), Bpifrance, the Belgian Growth Fund managed by PMV and BNP Paribas Fortis Private Equity, SFPI, BNP Paribas Fortis and Groupe Pasteur Mutualité. Eurazeo, which recently increased its stake in Kurma Partners, is also an anchor investor in