The debut forestry fund surpassed its $200m target and will be deployed exclusively in Paraguay.
Aqua Capital partner Gustavo Eiben says an active pipeline and the €532m Biotrop exit were key to helping the firm to surpass its $400m target for its Fund III.
World Fund's debut vehicle closed on €300m, with backing from the European Investment Fund, KfW Capital and BPI France, among others.
The Sao Paulo-headquartered firm has already deployed more than 50% of the vehicle.
The first-time fund received backing from European Investment Fund, KfW Capital and BPI France, among others.
The credit vehicle has been backed by more than a dozen LPs, including the Rockefeller Foundation.
The fund will alongside multiple British scientific and research institutions to invest in start-up, spin-out and scale-up businesses linked to the bodies.
As the asset class has grown and evolved, the number of closed-end buy-and-lease strategies has dramatically declined – why?
The vehicle has received a cornerstone investment from the European Investment Fund.
The pair join Kering, L'Occitane and MANE Group as the vehicle’s list of large corporate backers begins to swell.