Palatine raises £100m

The UK-based private equity firm launches largest ever impact fund.

Palatine Private Equity Impact Investing has held a final close at its hard-cap of £100 million. The fund, which had originally targeted £75 million, aims to make a positive environmental or social impact while generating returns. Investments up to £10 million will be made in the UK regional lower mid-market.

Evercore Private Funds Group acted as the fund’s exclusive placement agent globally.