Eiffel Investment Group has announced the first closing of its impact private credit fund.

The Eiffel Impact Debt III fund has secured more than €500 million in commitments from institutional investors and has a target of €1 billion.

The fund aims to invest in 40 to 50 European mid-sized companies while structuring its strategy around three pillars: reducing temperature alignment, preserving ecosystems, and promoting diversity. As with previous vintages, each financing will include Impact Covenants®, linking the loan’s financial terms to measurable ESG objectives.

The fund will be managed by Marie Bursaux and André Gonçalves under the leadership of Antoine Maspétiol.

Fabrice Dumonteil, Chairman of Eiffel Investment Group, said, “Consistent with the previous vintages, this third fund is built on our conviction that combining financial discipline with measurable impact helps sustainably enhance the performance of the companies we finance. We are deeply grateful to the investors participating in this first closing for their trust and support.”

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