Arcadia SGR announces the final closing at Euro 105 million for its third private equity fund, Arcadia Sustainable Capital III (ASC III).
About 30% of ASC III investors are international, mainly represented by the European Investment Fund, which participates through InvestEU mandate, dedicated to European fund managers recognised by their strong commitment to sustainability. Private investors and family offices account for about 40% of total commitments, Italian institutional investors for about 25%, and Arcadia’s management for 5%. Almost all investors from Arcadia’s previous funds have invested in ASC III, often increasing their commitment.