GEF Capital Partners completes final closing on $325 Million US Climate Solutions Fund II, exceeding original target
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Monday, April 22, 2024
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ARLINGTON, Va., April 22, 2024 /PRNewswire/ -- GEF Capital Partners ("GEF Capital"), a Washington, D.C. based private equity firm focused on climate change and pollution mitigation, announced today the successful close of its GEF US Climate Solutions Fund II (the "Fund").
Key Points:
- ARLINGTON, Va., April 22, 2024 /PRNewswire/ -- GEF Capital Partners ("GEF Capital"), a Washington, D.C. based private equity firm focused on climate change and pollution mitigation, announced today the successful close of its GEF US Climate Solutions Fund II (the "Fund").
- The Fund was met with strong investor demand and closed at $325 million of commitments, far exceeding its original $250 million target.
- In addition to the Fund's closing, GEF Capital announced today the addition of two new leaders to its U.S. investment team.
- Bluesource was a portfolio investment made by the GEF Capital US Climate Solutions Fund I in 2018.