Partners Capital has held the final closing of its inaugural private equity environmental impact fund, Partners Capital 15 degrees Fund, LP, with $143 million in client commitments.
The fund has strong support from a variety of limited partners globally, including foundations, endowments, and family offices.
The fund will invest in private equity opportunities focusing on proven technological innovations and long-established businesses which are most critical to the global energy transition to net zero carbon emissions. The private equity investment partnership will invest via specialist fund managers as well as direct co-investments in a diversified set of environmental sustainability sectors and themes, including renewable energy generation & storage, transportation & mobility, industrial processes & management, food & agriculture, smart buildings, and water, waste, plastic & recycling.