JP Morgan has appointed Alex Bell as a partner on the sustainable investment team within the JP Morgan Private Capital group. Bell, who joins from Tikehau Capital, has nearly two decades of private equity experience.
Bell spent about a year at Tikehau as head of the firm’s North American private equity climate practice, and prior to that more than four years at Caisse de Dépôt et Placement du Québec, where he helped start a CAD500 million platform that invests in late-stage venture and early-growth private equity opportunities in energy transition, sustainable food and agriculture and industrial decarbonisation.
JP Morgan established its sustainable growth team in January 2022 with a $150 million capital commitment.
The team has so far made two investments: leading a $200 million investment in Arcadia Power, a technology company aimed at fighting climate change, and a $42 million investment in MineSense Technologies, a startup looking to improve carbon levels across the metals-mining industry.