AMWatch

New fund with responsible focus raises DKK 250 million in a month

A new fund, SDG Invest, aims to invest in companies based on the UN's 17 Sustainable Development Goals and has exceeded its own expectations for raising capital, according Danish business daily Børsen.

Anne-Louise Thon Schur, partner in SDGLead, next to Stockrate Asset Management’s director and founder, Bjarne Jensen (left), capital management executive, Kristian Kjer. Photo: PR.

SDG Invest, a new fund aiming to provide professional investors with venture opportunities based on the UN's 17 Sustainable Development Goals, has raised DKK 250 million (EUR 34 million) already this year, writes Danish business daily Børsen.

The fund told Børsen that it raised the money in about a month.

"We had hoped that some investors would have wanted our investment product. It would have been fine with us if we had raised some DKK 15 million in one week," says Anne-Louise Thon Schur, who is a partner in the consultancy firm, SDG Lead, which established SGD Invest together with Stockrate Asset Management.

Schur explains to Børsen that the fund is presently trying to make it possible for smaller investors that do not have the current minimum investment of DKK 750,000 in the fund to get on board. Also, the fund says it plans to accept non-Danish investors "within the next few years".

Frontpage right now

AP7 on venture capital: "You have to stay disciplined"

At Stockholm-based pension fund AP7, Per Olofsson is a one-man-band, working full time managing investments into private equity and venture capital through external partners. Picking winners requires discipline and ongoing due diligence, he tells AMWatch.

Wealth head still in race to replace Danske's CEO

Thomas Borgen is continuing as Danske Bank's CEO until a successor is in place. The bank's board is reluctant to say whether the next chief executive will be found internally -- or brought in from outside the group.

Blackstone eyes $18 billion capital raise for its biggest RE fund

The private equity industry’s largest real estate investor is planning a broad replica of the strategy behind its last fund -- investing in distressed properties globally, according to informed sources. Blackstone’s previous fund drew in $15.8 billion in 2015.

Related articles

amwatch trial

Latest news

Jobs

See all

See all

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch