- The Partners Capital 15 degrees Fund will invest in businesses focused on the global energy transition to net zero carbon emissions
- Partners Capital Head of Private Equity John Beil is leading the fund
- As of 31 March 2022, Partners Capital managed $48 billion in assets
Partners Capital closed its inaugural private equity environmental impact fund at $143 million. The Partners Capital 15 degrees Fund’s limited partners include 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.
On the fundraising, Partners Capital Head of Private Equity and Real Estate John Beil, who is leading the 15 degrees investment portfolio, said in a statement, “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.”
As of 31 March 2022, Partners Capital managed $48 billion in assets and had 270 employees across its seven global offices.