FIFTH WALL CLOSES OUT STRONG 2023; PROMOTING 10 OF ITS TEAM MEMBERS AND ADDING 14 NEW COMPANIES TO ITS PORTFOLIO
NEW YORK, Jan. 30, 2024 /PRNewswire/ -- Fifth Wall—the largest asset manager focused on improving, future-proofing, and decarbonizing the built world—announced that at the end of 2023, the Firm closed an additional $340M into its climate strategy on top of the $500M raised into its inaugural Climate Fund. Additionally, the Firm promoted 10 of its team members and added 14 new portfolio companies. Fifth Wall now has more than 110 strategic Limited Partners across 20 countries—approximately 300 investors worldwide—and in excess of 145 portfolio companies, maintaining its stance as the largest fund to invest globally in Built World Technology, including Property Technology (PropTech) and Climate Technology (Climate Tech).
- Additionally, the Firm promoted 10 of its team members and added 14 new portfolio companies.
- "Fifth Wall helped define PropTech as an investment category and continues to meaningfully drive the sector's growth.
- Fifth Wall now holds more than 110 PropTech portfolio companies, including Industrious , VERO , VTS , Neighbor , Bilt Rewards , Tailorbird , and WiredScore , amongst others.
- Fifth Wall is proud to congratulate the following team member on their key 2024 promotions →