Apollo has launched a new clean transition equity fund on their private markets product platform.

Apollo says the ACT Equity ELTIF fund is designed to offer investors across Europe access to private equity opportunities focused on the transition to clean energy and sustainable industry. Through Apollo Private Markets SICAV’s structure, ACT Equity ELTIF will be accessible to European investors in their local currency and will be fully funded at launch.

Olivia Wassenaar, Apollo’s Head of Sustainability and Infrastructure, says, “The launch of ACT Equity ELTIF reinforces our commitment to invest in the clean energy transition and ability to deploy capital at scale across sectors and strategies. We’re thrilled to expand access to our strategy, which will offer eligible investors in Europe the ability to participate in what we view as a generation-defining opportunity to address climate change.”

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