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Lightrock Secures $500m for climate-focused growth fund

privateequitywire

4 months ago

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Private equity firm Lightrock has raised $500m for a new strategy aimed at expanding access to affordable, clean energy across Asia and Africa, as global investors continue to back transition-focused opportunities in emerging markets, according to a report by Bloomberg.
The new vehicle, Accelerate7, will deploy between $10m and $50m into growth-stage companies operating across Sub-Saharan Africa, South Asia and Southeast Asia, according to a statement seen by Bloomberg News.
The fund attracted b...

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