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Deetken Impact reaches $100M first close

The $100 million is a first close, not final fund size, ImpactAlpha reports.

$100MFirst close for Deetken Impact's impact fund

At a glance

  1. The money is a first close, so the figure reported does not establish the vehicle's eventual size.
  2. ImpactAlpha's item appeared under climate finance, alongside its other weekly deal news.
  3. For fund selectors, the open question is how the eventual fund size, fee and liquidity terms compare with impact vehicles already on a shelf.

Deetken Impact, a Canadian impact fund manager, reached a $100 million first close for a fund, ImpactAlpha reported in its Oct. 23 weekly dealflow roundup.

The money is a first close, so the figure reported does not establish the vehicle's eventual size. ImpactAlpha's item appeared under climate finance, alongside its other weekly deal news.

For fund selectors, the open question is how the eventual fund size, fee and liquidity terms compare with impact vehicles already on a shelf.

Reported by the Products desk from ImpactAlpha. Published . Corrections

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