The 2024 fundraising report indicates a decline in impact fundraising, with only $30.6 billion raised, $2 billion less than in 2023, attributed to ongoing macroeconomic challenges. However, certain asset classes like private debt and agriculture showed growth, raising $5 billion and $1.5 billion respectively. Notable fund closures include Infranity’s €2 billion impact debt funds. Additionally, multiple firms are actively raising substantial funds, with Brookfield and TPG leading significant initiatives. The number of limited partners (LPs) investing in impact strategies continues to increase, suggesting a potential recovery, even though the market remains below its 2021-22 peak.