First close of USD151 mn for second fund of Spring Lane Capital

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Spring Lane Capital has announced a first close of approximately US$151 million for its second private fund.

The fund has a final target of US$400 million in total capital. Its aim is to back entrepreneurs and project developers in the sustainable infrastructure sectors such as food & agriculture, energy, water, waste and transportation.

The Investment Management Group of WilmerHale, a full-service international law firm, served as legal counsel to the first close of the fund.

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