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Laxman Pai, Opalesque Asia: Neos Partners, a San Diego, CA-based middle market investment firm, raised $1.37 billion for its second fund focused on energy transition and critical infrastructure.
The investment firm focused on second-order investing in the energy transition and critical infrastructure sectors also closed a $350 million committed co-investment vehicle alongside Fund II.
Neos Partners II will invest in operating companies in North America that provide products and services to the renewable energy, power grid, infrastructure, data center, and energy-intensive industrial sectors.
The fund closed at its hard cap and received commitments from leading endowments, foundations, investment managers, family offices, and other institutional investors, said a media release from the firm, founded by former executives of private asset manager Oaktree Capital Management.
Neos was founded by Peter Jonna and Brad Forth, both degreed engineers who have spent their entire careers operating and investing in the energy transition and critical infrastructure sectors. They have worked together for over a decade investing in product and service companies in these sectors, said the release.
The broader Neos investment team includes professionals with diverse backgrounds in M&A, financing, research, strategy, growth, and operations. Neos also has a dedicated team of senior advisors who are industry leaders that support strategic and commercial initiatives across it...................... To view our full article Click here
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