Partners Capital Closes $143 Mn Inaugural Environmental Impact Private Equity Fund

Partners Capital announced the 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 Partners Capital 15 degrees 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.

John Beil, Head of Private Equity and Real Estate, leading the 15 degrees investment portfolio said, "We are very excited about investing behind this mega-trend, while also being acutely cautious.

The energy transition will provide many high-impact, high-returning opportunities, but is critically dependent upon many scientific, technological, regulatory, geopolitical and consumer behaviour developments which are highly complex and largely unknown today as we describe in detail in our recently published Partners Capital Global Energy Transition Investment Framework."