• Home
  •  
    Regions
    • Europe
    • UK & Ireland
    • DACH
    • Nordic
    • France
    • Southern Europe
    • Benelux
    • CEE
    • Asia
  •  
    Deals
    • Buyouts
    • Venture
    • Exits
    • Refinancings
    • Build-up
    • Turnaround
    • Secondaries
    • Advanced deals search
  •  
    Funds
    • Buyout
    • Venture
    • Mezzanine
    • Debt
    • Funds-of-funds
    • Secondaries
    • Fundraising pipelines
    • Advanced funds search
  •  
    GPs & LPs
    • GP profiles
    • LP profiles
    • GP news
    • LP news
    • Sponsors search
    • LPs search
  •  
    Secondaries
    • Deals
    • Funds
    • News
    • Analysis
  •  
    People
    • People moves
    • Analysis
    • In Profile
    • Q&A
    • Videos
    • Comment
  •  
    Analysis
    • In Profile
    • Fundraising
    • Q&A
    • Comment
    • Videos
    • Podcast
    • Reports
    • Data Snapshots
  •  
    Unquote Data
    • Deals search
    • Exits search
    • Funds search
    • Sponsors search
    • Advisers search
    • LPs search
    • League tables
    • Reports
  • Sign in
  • Sign in
    • You are currently accessing unquote.com via your Enterprise account.

      If you already have an account please use the link below to sign in.

      If you have any problems with your access or would like to request an individual access account please contact our customer service team.

      Phone: +44 (0)203 741 1137

      Email: Georgina.Lawson@acuris.com

      • Sign in
     
      • Newsletters
      • Account details
      • Contact support
      • Sign out
     
  • Follow us
    • Twitter
    • LinkedIn
  • Free Trial
  • Subscribe
Unquote
Unquote
  • Home
  • Regions
  • Deals
  • Funds
  • GPs & LPs
  • Secondaries
  • People
  • Analysis
  • Unquote Data
  • You are currently accessing unquote.com via your Enterprise account.

    If you already have an account please use the link below to sign in.

    If you have any problems with your access or would like to request an individual access account please contact our customer service team.

    Phone: +44 (0)203 741 1137

    Email: Georgina.Lawson@acuris.com

    • Sign in
 
    • Newsletters
    • Account details
    • Contact support
    • Sign out
 
Unquote
  • Funds

Argos Wityu launches Article 9 buyout climate fund

  • Ero Partsakoulaki
  • 20 September 2022
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  

Switzerland-based Argos Wityu has launched an “Article 9” buyout fund dedicated to investing in European SMEs with a CO2 intensity reduction target of 7.5% per year and a direct focus on environmental performance.

The GP’s new climate action strategy also ties its portfolio companies’ equity incentive to the achievement of this objective, according to a press release. The decarbonisation of portfolio companies will be measured by pre-approved GHG emissions auditors and accounted for by the CO2 equivalent in tonnes per every million euros in sales.

In case the GHG emission intensity reduction target is not achieved, one-fourth of the team’s carried interest will be mobilised to compensate for every missing ton of CO2 equivalent reduction, on a ton-per-ton basis, by funding high-quality carbon compensation programmes, according to the press release.

The fund will invest in European SMEs for which decarbonisation is key to their long-term development. The “Article 9” classification relates to the most demanding level of environmental ambition under EU Sustainable Finance Disclosure Regulation (SFDR).

Argos’ climate action strategy is an extension of its existing platform and will sit alongside the GP’s flagship funds, which are primarily focused on supporting mid-sized businesses whilst integrating various ESG considerations, according to the press release.

The fund will be managed by a European investment team of six full-time Argos partners and supported by Argos’ Head of ESG, Jessica Peters, who was appointed to the role in May.

The GP strengthened its team earlier this month with the hires of two senior partners: Sandra Lagumina, formerly deputy CEO of Meridiam and CEO of GRDF; and Jack Azoulay, formerly chief of staff at the Ministry in charge of Energy, Transport, Housing and Environment in France and Industrial Shareholdings Director at the French Government Shareholding Agency.

With more than EUR 1.4bn under management, Argos Wityu is also deploying equity via Argos Wityu Mid-Market VIII, which invests in small and mid-market buyouts involving European companies, according to Unquote Data. LPs in the fund include the European Investment Fund (EIF), among others.

People
Argos Wityu Article 9 fund − Louis Godron (managing partner), Lucio Ranaudo (senior partner, Italy), Simon Guichard (partner, France), Fabian Söffge (partner, Germany), Sandra Lagumina (senior partner), Jack Azoulay (senior partner).

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  
  • Topics
  • Funds
  • Fundraising
  • ESG
  • Argos Wityu
  • Switzerland

More on Funds

Fund closes in US dollars
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme

Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote

  • Funds
  • 05 September 2023
Bettina Curtze of Redalpine
Redalpine expands leadership team amid CHF 1bn-plus fundraise

Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO

  • Venture
  • 31 August 2023
Andris K. Berzins of Change Ventures
Change Ventures aims to hold final close for EUR 20m third fund by mid-2024

Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds

  • Funds
  • 31 August 2023
Fund launches in euros
Iron Wolf Capital targets EUR 70m for second vehicle

Baltic investor anticipates early 2024 launch and will focus on early-stage AI and deeptech startups

  • Funds
  • 30 August 2023

Latest News

Fund closes in US dollars
  • Funds
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme

Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote

  • 05 September 2023
Clinical trials and biotechnology
  • Buyouts
Permira to take Ergomed private for GBP 703m

Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO

  • 04 September 2023
Public sector software
  • Exits
Partners Group to release IMs for Civica sale in mid-September

Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017

  • 04 September 2023
EMEA Public to Private M&A
  • Investments
Change of mind: Sponsors take to de-listing their own assets

EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater

  • 04 September 2023
Back to Top
  • About Unquote
  • Advertise
  • Contacts
  • About Acuris
  • Terms of Use
  • Privacy Policy
  • Group Disclaimer
  • Twitter
  • LinkedIn

© Merger Market

© Mergermarket Limited, 10 Queen Street Place, London EC4R 1BE - Company registration number 03879547

Digital publisher of the year 2010 & 2013

Digital publisher of the year 2010 & 2013