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

April 12, 2022 |
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Commonfund Capital Closes its Inaugural Environmental Sustainability Fund at $233 million

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”). 

Media Contacts  

Tony Ialeggio
Commonfund
203-563-5121
tony.ialeggio@commonfund.org

William Szczecinski
Prosek Partners
646-818-9029
wszczecinski@prosek.com

 

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