Rabobank and asset manager Robeco have joined forces to launch Robeco Sustainable Private Equity Fund, a $200m fund-of-funds. Both entities have committed €35m to the fund, which will invest in mainstream private equity funds (at least 60%), dedicated sector/country specific funds and direct investments and project finance transactions. The fund will be diversified across investment stage, geography, sector and technology.
A team of experienced investment professionals from Robeco Alternative Investments and Rabobank’s sustainability and social innovation department will manage the investments.
To ensure the sustainability of the investments the fund will exclude various industry sectors from investment such as weapons, fur, tobacco, alcoholic beverages, adult entertainment and gambling.