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BeyondNetZero, the local climate-improve-centered enterprise launched past year by advancement investor Basic Atlantic, has raised just around 50 % of the $4 billion it was hoping to protected for its debut fund, according to a submitting with the Securities and Trade Fee.
The fund, Normal Atlantic BnZ Companion Fund LP, has collected $2.039 billion so considerably, which includes money fully commited by the basic partner on their own, the filing displays. It aimed to elevate $3 billion from investors in addition to $1 billion dedicated by existing Common Atlantic money, WSJ Professional Private Equity beforehand described.
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