Daniel Phan has joined circular economy-focused private investment firm Closed Loop Partners as Managing Director and Private Equity Co-Head, following his role as Managing Director at Aterian Investment Partners.
He joins as a senior member of Closed Loop Partners’ asset management business, Closed Loop Capital Management, to co-lead the firm’s private equity investment strategy alongside Ron Gonen, Closed Loop Partners’ Founder & CEO, and Jackson Pei, Managing Director and current Private Equity Co-Head.
The firm has recently received a strategic investment from Capricorn Investment Group into Closed Loop Capital Management.
Phan brings 15 years of buy-and-build private equity experience, having developed numerous platform investments in the built environment, facilities & infrastructure services, among other related industrial sectors. He also brings expertise across specialty manufacturing, chemicals and material sciences, distribution, medical and life sciences, and related sectors.
Prior to joining Closed Loop Partners, Phan was a Managing Director and one of the earliest investment team members at Aterian Investment Partners, where he spent nearly 12 years.
Prior to Aterian, Phan was an investment team member at Corporate Partners, the private equity affiliate of Lazard Frères, and began his career at Deutsche Bank in the Media Telecom group.
Current investors in the firm’s private equity investment strategy include KIRKBI; funds and accounts managed by BlackRock; Realdania’s mission-driven investment arm; Nestlé; Microsoft; PepsiCo; Unilever; other corporate partners, institutional allocators, and global family offices.
Closed Loop Capital Management’s private equity investment strategy will continue its middle market mandate, following its recent acquisitions of circular technology platforms, including a majority stake in leading IT Asset Management and Disposition (ITAD) provider, Sage Sustainable Electronics.
Phan and Pei will lead the private equity team in thesis-driven sourcing and value creation, seeking opportunities to acquire cash-flowing businesses across plastics & packaging, circular technology, food & agriculture, built environment, energy efficiency, textiles and healthcare, and build them into larger platforms that can deliver circular solutions at scale.
