Argos Wityu Successfully Raises €337 Million for Climate Action Fund
Funding | Jan 22, 2025 | Argos Wityu
Argos Wityu, an independent European investment fund, has finalized the Argos Climate Action fund's fundraising, securing €337 million, exceeding the initial target by over 12%. This accomplishment is notable given the current challenging fundraising environment. The fund focuses on a 'grey to green' strategy aimed at the decarbonization of mid-sized businesses across Europe, reflecting the fund's relevance and the commitment of investors to sustainable investments. The oversubscription of the fund highlights Argos Wityu's successful strategy and the growing importance of environmental considerations in the private equity space.
Sectors
- Private Equity
- Environmental Sustainability
Geography
- Europe – Argos Wityu operates in the European market, and the fund targets European mid-sized businesses for decarbonization.
Industry
- Private Equity – The article discusses fundraising activities by Argos Wityu, a private equity firm.
- Environmental Sustainability – The Argos Climate Action fund's focus on decarbonization contextualizes its role in promoting environmental sustainability.
Financials
- €337 million – Total amount raised by the Argos Climate Action fund, exceeding initial target by over 12%
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Argos Wityu | PE Firm | Company | An independent European investment fund managing the Argos Climate Action fund. |