Adamantem drives lower emissions across private equity assets
First private equity fund to adopt a 'cradle to grave' approach
The $700 million Adamantem Capital Fund II is Australia’s first private equity fund to adopt a ‘cradle to grave’ approach to the emissions impact of its assets. It will drive ambitious emissions reduction targets across a diverse range of private equity owned, mid-market companies.
$700m
fund
$80m
CEFC investment
60%
emissions from outside ASX 300
We believe this is the direction needed to accelerate Australia’s transition toward more sustainable economic activity. We look forward to working with the CEFC on further developing and refining our emission reduction strategies that target long-term positive impact.Rob KoczkarCo-founder and Managing Director, Adamantem Capital
Our investment
The CEFC has committed $80 million to Adamantem Capital Fund II as a cornerstone investor – the first private equity investment by the CEFC.
The Fund targets mid-market companies with a focus on consumer staples, healthcare and business-to-business services.
our impact
The CEFC is working with Adamantem to improve the sustainability profile of a significant part of the Australian economy.
CEFC analysis suggests some 60 per cent of Australia’s national emissions come from companies outside the ASX 300.
Adamantem assesses the likely emissions profile of target companies, and the companies that it acquires are required to implement emissions reduction targets that aim to either eliminate or offset their emissions within a decade.