Nov 7, 2008

Robeco gets $650M for cleantech fund of funds

CHRIS MORRISON | NOVEMBER 7TH, 2008

Robeco Private Equity, the venture capital division of Robeco, which is in turn owned by Dutch bank Rabobank, has taken $650 million in its second capital raise to date, according to VentureWire.

The firm already backs over 10 venture funds in the portfolio, Robeco Clean Tech Private Equity II Fund. Despite passing its $500 million target, the fund is not yet closed.

The Robeco fund may also invest directly in cleantech deals, including mature companies.