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North Sky Capital completes final secondaries investment from Clean Growth V

Impact investor North Sky Capital (North Sky) has made the final investment from Clean Growth V, an impact secondaries fund.

The investment was structured to provide attractive return potential with downside protection and centred on an LP interest in a 2018 fund managed by a highly experienced climatech general partner with whom North Sky has had a nearly two-decade long relationship.

In the last 17 years, North Sky has invested out of two flagship private markets strategies: sustainable infrastructure (direct investments) and impact secondaries (private equity).  

North Sky was also the first firm worldwide to offer an impact secondaries strategy. The firm is now sourcing investments for its 11th impact fund.

Clean Growth V invested across four impact themes: cleantech/climatech, waste & water, sustainable food & agriculture and healthy living. All North Sky impact fund portfolios are mapped to the UN Sustainable Development Goals (SDGs).  The final investment in Clean Growth V mapped to SDGs 7 (affordable and clean energy), 8 (decent work and economic growth), 9 (industry, innovation and infrastructure) and 11 (sustainable cities and communities).

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