Capricorn collects €50m

The asset manager targets the sustainable chemistry industry.

Capricorn Sustainable Chemistry Fund has held a first close on €50 million. The vehicle invests in new technologies that use natural resources and processes to manufacture products with a reduced carbon footprint.

Investors in the first fundraising round include, Quest for Growth, ParticipatieMaatschappij Vlaanderen, Federale Participatie en Investeringsmaatschappij and SRIW, as well as a number of family offices and entrepreneurs.