Ara Partners has raised about $1.1bn to invest in businesses that help industries reduce carbon emissions.

The Houston-based firm said it wrapped up Ara Fund II LP far above an initial $650 million target. Ara last year secured roughly $400 million for its predecessor vehicle.

Free Webinar: The Primary Step in Creating Value: How the Right Corporate Governance Can Drive Growth

  • To what extend can the relationship between the GP and board impact the company?
  • How can GPs ensure trickle down change in organisations?
  • How can technology help bridge the gap between GPs and management boards?

Ara Partners is a private equity firm specializing in industrial decarbonization investments. Ara Partners invests in the industrial & manufacturing, chemicals & materials, energy efficiency & green fuels and food & agriculture sectors, seeking to build businesses that are focused on sustainability and ESG principles.

Source: Business Wire

Can’t stop reading? Read more