Founded this year, manager Bold.t is raising $250 million to launch its first climate fund, targeting European development banks. The firm stems from the merger of Circularis Partners and Ecoa Capital, receiving positive reception in Europe.
Newly created investment manager Bold.t has begun raising funds for its inaugural climate fund. Aiming for $250 million, the firm is prioritizing partnerships with European development banks, where receptivity has been higher.
Established in 2023, Bold.t emerged from the merger of private equity offices Circularis Partners and Ecoa Capital. This union aims to blend expertise in sustainable investments and environmental impact. The climate fund intends to finance projects promoting the transition to a green economy, aligning with global demands for climate action.
While specific project details remain undisclosed, the strategy of targeting European institutions reflects the continent's growing role in ESG (environmental, social, and governance) financing. The fundraising is ongoing, with sources indicating optimism about initial progress.
