True Green Capital raises $350m

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True Green Capital has raised $350 million for its True Green Capital Fund III. The Westport-headquartered firm had a $350 million hard-cap and began fundraising in 2016.

Investors that committed to True Green Capital Fund III include a diversified institutional investor base of leading endowments, foundations, investment advisors' clients, fund-of-funds, family offices, and insurance companies.

The fund will target unlisted equity opportunities in power generation sectors in the United States.