Clean Growth Fund II hits £81.5M at second close towards £150M target
UK climate tech investor Clean Growth Fund has announced the second close of Fund II, bringing total commitments to £81.5 million as it works towards a £150 million target. The second close was anchored by a £22.5 million commitment from Border to Coast Pensions Partnership's UK Opportunities Fund, which was launched in 2024 to invest in UK companies and assets while seeking long-term returns for its Local Government Pension Scheme (LGPS) Partner Funds. Strathclyde Pension Fund, which has backed