Commonfund Capital Closes its Inaugural Environmental Sustainability Fund at $233 million

April 12, 2022 |

2 minute read

Private Equity Fund Focuses on Renewables, Food, Agriculture and Water and Resource Efficiency

Wilton, CT, April 12, 2022 – Commonfund Capital today announced the closing of its inaugural environmental sustainability fund, Commonfund Capital Environmental Sustainability Partners 2020, L.P., at $233 million. The fund had strong support from a variety of limited partners globally including foundations, endowments, family offices, pensions, corporations, registered investment advisors and consultants.

The private equity investment partnership will make direct investments into companies, operating platforms and specialist manager funds and secondaries in a diversified set of environmental sustainability sectors and themes including renewables; food, agriculture and water; and resource efficiency. The fund is designed for investors pursuing private capital investment returns, measurable environmental impacts, and investment opportunities not generally available in the public market.

Ethan Levine, Managing Director and Co-Head of Commonfund Capital’s real assets and sustainability investment practice said “We are very appreciative of the confidence and support from our investors. Environmental sustainability investing is becoming an essential part of a thoughtful asset allocation and a source of resilient, meaningful economic value and returns - particularly within the private markets.”

This fund is Commonfund Capital’s first dedicated environmental sustainability fund, building on a history of sustainability investments across its private capital programs. Commonfund Capital CEO & President Peter Burns remarked, “Our environmental sustainability fund will benefit from the strength of our global investment franchise and 30 plus years of established private capital relationships.”

Since Commonfund Capital's inception in 1988, it has managed nearly $20 billion in cumulative private capital commitments from investors, including approximately $3.5 billion in the real assets and sustainability space.

ABOUT COMMONFUND CAPITAL

Commonfund Capital, Inc. (“Commonfund Capital”) is a global private capital solutions provider. Commonfund Capital invests with value-creating partners into primarily small- and mid-sized companies. Since Commonfund Capital’s founding in 1988, its mission has remained the same: to provide quality investment solutions in private equity, venture capital and real assets and sustainability. Through commingled investment partnerships and customized separate accounts, Commonfund Capital offers investors intentionally designed private capital portfolios constructed with primary investments, secondaries and co-investments and builds investment programs by partnering with underlying managers that it believes are among the world’s leading private capital firms.

Commonfund Capital is an indirect, wholly-owned subsidiary of The Commonfund for Nonprofit Organizations, with offices in Wilton, CT; New York, NY; San Francisco, CA; London, UK; and Beijing, China. All securities are distributed through Commonfund Securities, Inc., a member of FINRA. For additional information about Commonfund Capital, please contact cciinfo@commonfund.org.

ABOUT COMMONFUND

Commonfund was founded in 1971 as an independent asset management firm with a grant from the Ford Foundation. Today, Commonfund provides investment solutions to sophisticated investors through two affiliates. Commonfund Capital is a global private capital manager with over 30 years of experience offering a full suite of private investment strategies to sophisticated investors, both nonprofit and for-profit; and Commonfund Asset Management Company provides outsourced CIO services designed for nonprofit institutions using investment sub-advisers for discretionary and non-discretionary engagements. www.commonfund.org.

All securities are distributed through Commonfund Securities, Inc., a member of FINRA.

IMPORTANT NOTES

The information provided in this release is for general information purposes only and is not an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction. This release is also not an offer or solicitation to participate in any particular trading strategy. All Commonfund investment funds are offered only by means of detailed offering memoranda and related disclosure materials. Potential investors should read all such materials with care prior to investing. Certain Commonfund funds impose various eligibility requirements (see www.commonfund.org). Securities are distributed by Commonfund Securities, Inc., a member of FINRA. Advisory services are provided by Commonfund Asset Management Company, Inc. and Commonfund Capital, Inc., both are registered as investment advisers with the U.S. Securities and Exchange Commission (“SEC”).

Disclaimer

Certain information contained herein has been obtained from or is based on third-party sources and, although believed to be reliable, has not been independently verified. Such information is as of the date indicated, if indicated, may not be complete, is subject to change and has not necessarily been updated. No representation or warranty, express or implied, is or will be given by The Common Fund for Nonprofit Organizations, any of its affiliates or any of its or their affiliates, trustees, directors, officers, employees or advisers (collectively referred to herein as “Commonfund”) or any other person as to the accuracy or completeness of the information in any third-party materials. Accordingly, Commonfund shall not be liable for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on any statement in, or omission from, such third-party materials, and any such liability is expressly disclaimed.

All rights to the trademarks, copyrights, logos and other intellectual property listed herein belong to their respective owners and the use of such logos hereof does not imply an affiliation with, or endorsement by, the owners of such trademarks, copyrights, logos and other intellectual property.

To the extent views presented forecast market activity, they may be based on many factors in addition to those explicitly stated herein. Forecasts of experts inevitably differ. Views attributed to third-parties are presented to demonstrate the existence of points of view, not as a basis for recommendations or as investment advice. Market and investment views of third-parties presented herein do not necessarily reflect the views of Commonfund, any manager retained by Commonfund to manage any investments for Commonfund (each, a “Manager”) or any fund managed by any Commonfund entity (each, a “Fund”). Accordingly, the views presented herein may not be relied upon as an indication of trading intent on behalf of Commonfund, any Manager or any Fund.

Statements concerning Commonfund’s views of possible future outcomes in any investment asset class or market, or of possible future economic developments, are not intended, and should not be construed, as forecasts or predictions of the future investment performance of any Fund. Such statements are also not intended as recommendations by any Commonfund entity or any Commonfund employee to the recipient of the presentation. It is Commonfund’s policy that investment recommendations to its clients must be based on the investment objectives and risk tolerances of each individual client. All market outlook and similar statements are based upon information reasonably available as of the date of this presentation (unless an earlier date is stated with regard to particular information), and reasonably believed to be accurate by Commonfund. Commonfund disclaims any responsibility to provide the recipient of this presentation with updated or corrected information or statements. Past performance is not indicative of future results. For more information please refer to Important Disclosures.

Commonfund Capital Closes its Inaugural Environmental Sustainability Fund at $233 million