PitchBook：2025年影响力投资更新报告（英文版）

Recent fundraising trends have shown precipitous declines, but Impact AUM reached a record in 2025 even still. Remaining committed to their mission, Impact investors funneled billions of assets into funds that seek both positive environmental and/or social impact outcomes and financial gains. • A closer examination of Impact fundraising versus the broader private funds universe shows that Europe represents a larger share of Impact fund closings since 2008, as does Africa. Even more striking i