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
PAI and ICG strike €3bn Infra Group deal with partial stake sale
PAI and ICG strike €3bn Infra Group deal with partial stake sale PAI Partners has partially exited...
Blackstone snaps up East Miami luxury hotel amid hospitality deal spree
Blackstone snaps up East Miami luxury hotel amid hospitality deal spree Blackstone has purchased...
Bain Capital strikes $3.9bn deal to sell China data centre arm amid AI boom
Bain Capital strikes $3.9bn deal to sell China data centre arm amid AI boom Bain Capital has...