After historic fund launch: Summa Equity turns into a global impact player

Through last week's launch of Europe's single largest impact fund, Summa Equity has seen its investment universe expand and become a more global organization. Managing Partner Reynir Indahl is confident that the firm can successfully make the leap required to turn into a global player.

Summa Equity's Managing Partner and Founder Reynir Indahl and Hannah Jacobsen, Investment Director and Head of Investor Relations. | Photo: PR / Summa Equity

Last week, Nordic private equity manager Summa Equity announced that it had raised a whopping EUR 2.3bn in four months for its third impact fund – making it Europe's largest impact fund to date.

Unlike Summa's first two funds, fundraising was done exclusively within the virtual realm, with the firm's existing investors continuing to show faith in the thematic investor which has built its business around making buyouts of companies positively impacting the UN Sustainable Development Goals, and operates within three themes: resource efficiency, changing demographics and tech-enabled transformation.

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