The firm will launch the second fund by 4Q25
German Golding Capital Partners GMBH reached the final closing for the fundraising of Golding Impact 2021, its first fund of impact private equity funds, with 115.5 million euros of commitments. In 4Q25, the firm will launch the second funs that will focus on European and North American companies active in the climate technology sector (press release).
The first fund attracted the resources of pension funds, insurance companies, savings banks and foundations based in Germany, Switzerland, Sweden, and Portugal. The investment programme attracted the interest of existing customers and new investors while new subscribers poured 20% of the capital.
Golding launched this multi-manager fund in 2021 and marketed it in 2023 as article 9 SFDR UE compliant (press release). The vehicle broadly diversified its investments across geographies, sectors and managers and allocated resources in nine private equity that have 100 companies in their portfolio. In 2025, the portfolio will include new target vehicles with the aim of supporting more than 200 firms.
Andreas Nillson
In January 2025, Inverness Graham Green Light Fund said it sold Concord Servicing, a North American provider of technology for the financial sector and of loan servicing for solar energy and energy efficiency in the real estate. Inverness Graham increases Concord Servicing’s ebitda by more than 2.5 times through the modernization of the company’s proprietary software platform and expansion into new markets. The company also made a significant contribution to the reduction of greenhouse gas emissions. The operation of solar energy systems that the Concord Servicing platform financed avoided several million tonnes of environmentally harmful emissions.
Andreas Nilsson, managing director & Head of Impact Investing of Golding, said: “Our strategy focuses on long-term and irreversible changes in the industry. Climate change, resource scarcity and increasingly stringent environmental regulations put pressure on companies to become more resilient and efficient. Companies that adapt early and successfully will strengthen their market position and secure a long-term competitive advantage. This is where a great investment opportunity emerges. The best solutions for this transformation not only offer significant economic potential but also have a positive impact on the environment”‘.
Christian Schütz, managing director & Head of Sustainable Investing of Golding, added: “With our Article 9-compliant programme, we invest in impact opportunities outside the EU that the SFDR does not include. A close cooperation with the target funds and a proprietary classification process developed with external consultants made this possible. We can significantly expand the impact universe for Article 9 investors.
Hubertus Theile-Ochel, a managing partner of Golding, added: “With the launch of our first impact fund, we took a step forward in our sustainability strategy, while responding to the needs of our investors. The positive experience of the past three years strengthened our resolve. We are currently working on the concept of the successor fund, which will build on these successes. Our goal is to continue to offer our clients attractive investment opportunities in the future in order to diversify their portfolios and to partner with winners in the transition to sustainable practices”.
Golding has a team of more than 200 professionals that operate in Munich, Luxembourg, Tokyo, Zurich, and Milan. Laura Tardino heads the Italian office that opened in 2023 (see here a previous post by BeBeez).
Golding Capital Partners has assets under management worth more than 15 billion. In October 2024, the firm closed the fundraising of Private Debt Co-Investment 2021 with 165 million of commitments (press release). In September 2024, the firm attracted commitments of 250 million for Golding Buyout 2021 (press release) and announced the first closing with 210 million of commitments for the fundraising of Golding Infrastructure Co-Investment 2023 (press release). In July 2024, Golding Capital Partners announced the first 360 million worth closing for Golding Infrastructure 2022 (press release).
