The CEFC has committed $80 million as a cornerstone investor to the Adamantem Capital Fund II (the Fund) in a landmark investment that will drive ambitious emissions reduction targets across a diverse range of private equity-owned, mid-market companies.
The Fund is the first Australian private equity fund to adopt a “cradle to grave” approach to the emissions impact of its assets. It is also the CEFC’s first investment in private equity.
The $700 million plus Fund targets mid-market companies, with a focus on consumer staples, healthcare and business-to-business services, enabling the CEFC to influence the sustainability profile of a significant part of the Australian economy.
