Binyamin Ali

The direction signaled by the bloc over the past few years is creating a fundraising environment beneficial to start-ups and is now backed by a sustainability-conscious subsidy package.

The vehicle has already made four investments across its mandate, with Peruvian agribusiness Phoenix Foods and solar energy solutions provider SunColombia among the early beneficiaries.

The portfolio companies of the NY firm have also fared well on the fundraising trail, as it plots a successor $250m vehicle to its debut $50m fund.