Managers

Sands Capital is an active, long-term investor in leading innovative businesses globally. Our approach combines analytical rigor and creative thinking to identify high-quality growth businesses that are creating the future. Through an integrated investment platform spanning venture capital, growth equity, and public equity, we provide growth capital solutions to institutions and fund sponsors in more than 40 countries. We are an independent, staff-owned firm founded in 1992 and headquartered in the Washington, D.C. area with offices in London and Singapore. Sands Capital Alternatives, LLC manages three main strategies including: Global Innovation - later stage technology strategy Global Venture - early stage venture capital strategy focused on technology Life Sciences Pulse - life science strategy focused on early to late stage life science businesses

Our mission at VenCap is to build a concentrated portfolio of venture funds from those VCs that consistently back the top 1% of companies and deliver strong and consistent performance to our investors. VenCap has committed USD 2.9 billion to this small group of top-tier VC’s in the US, Europe, China and India - our Core Managers. We work closely with the venture firms with whom we invest to provide insight and analytics that help inform their own decisions. We believe that this focus gives us a competitive advantage when it comes to identifying and accessing the best firms in the industry. VenCap was founded in 1987, and as such we are one of the longest-established investment management and advisory firms active in the VC industry today. We believe that venture capital is a long-term business that is based on strong personal relationships. We have been trusted to manage capital by many leading institutions and family offices across the world with whom we have developed strong and lasting relationships based on trust, transparency and authenticity. More information on our website: https://www.vencap.com/

ASCA Capital Limited is a DFSA-regulated private equity firm focused on mid-market investments across the Middle East and the Northern Europe–to–Middle East corridor. The firm was founded by Jacob Jensen, a successful tech entrepreneur with extensive private equity experience both as a founder and as an LP, together with seasoned investment professionals Tom Hodgson and Niels Stidsen. Niels and Tom brings a strong investment track record from M&A advisory and private equity investments in the region. Originally from Denmark and the UK, the founding team has been based in the Middle East since 2004, 2007, and 2009, respectively, and offers deep regional insight and connectivity.

Real Assets Investment Management was founded in 2019 with the mission of building a fully independent, differentiated and globally focused principal investment platform. Our business model is based on the successes and learnings of the past, optimized for the evolving global macroeconomic environment, leveraging the unique strengths and experience of the founding team members. Our vision is to build a unique platform dedicated to assisting institutional investors and matching them with differentiated market opportunities. Our team includes seasoned and senior individuals who bring together global investment experience and trusted relationship networks.

We are a 100% MWBE-owned Senior Loan fund, providing bespoke senior loans to middle-market companies overlooked by traditional private credit investors.

We are one of the world’s leading private investment firms with approximately $180 billion in assets under management that creates lasting impact for our investors, teams, businesses and the communities in which we live. Founded in 1984, we pioneered a consulting-based approach to private equity investing, partnering closely with management teams to offer the insights that challenge conventional thinking, build great businesses and improve operations. Over time, we have organically expanded this approach across asset classes to build one of the strongest alternative asset platforms in the world.

Balancero is thoughtfully designed to blend a variety of green investment opportunities—ranging from distributed solar power plants and intellectual property rights to green infrastructure projects and tradable securities.Our goal is to offer an attractive balance of risk and return, all while delivering a positive environmental impact.

Darrery Capital is a seed-stage venture fund investing in Fintech and enterprise software, led by a former senior banking executive with enterprise-wide innovation authority and a founding pioneer of the neobank Fintech category. We focus on “seed-adjacent” opportunities and generate alpha through distinctive industry insight and tradecraft that attracts top founders and helps other investors de-risk deals. Backed by a profitable angel track record (TVPI 5.4x, DPI 3.8x), we support founders creating enduring companies in a sector primed for transformation.

tidir specializes in innovation-to-infrastructure investing

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Screendoor is a venture capital fund of funds platform redefining how LPs access and invest in early stage VC emerging managers. With over a decade of experience in pensions, family offices, and financial institutions, our team specializes in identifying and backing the next wave of venture capital leaders, offering early visibility and access to VC firms shaping the future of innovation. We provide LPs access to highly competitive VC managers driving alpha that would be challenging for allocators to otherwise identify, access, and underwrite. We uniquely integrate our robust LP frameworks with the strategic expertise of established GPs, such as Homebrew, Forerunner, and Precursor Ventures, enabling us to source and underwrite the non-obvious in our manager selection and support process. Screendoor is a strategic partner to many prominent institutions, including endowments, foundations, RIAs, and family offices because we offer not only potential returns-driven portfolio exposure, but also a valuable pipeline of direct relationships for your own portfolio as these funds mature.

We are an early stage technology VC fund, with a unique thesis of investing in companies that have pivoted. We focus on companies that have raised seed, made one or more pivots but have not been considered by Series A investors either owing to lack of growth or insufficient size. We have raised four funds, and some of our well-known companies are Pharmeasy, Country Delight, Zuppee, Battrey Smart & Werize. Two of our three Partners have over a decade of experience and their previous well known investments led are Ola, Druva & Dealshare.

Founded in 1998, Impax is a specialist asset manager investing in the opportunities arising from the transition to a more sustainable global economy. Impax believes that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency. These trends will drive growth for well-positioned companies and create risks for those unable or unwilling to adapt. Impax offers a well-rounded suite of investment solutions spanning multiple asset classes seeking strong risk-adjusted returns over the medium to long term. Impax manages funds and accounts in five areas: actively managed long-only equity, fixed income, systematic equities, multi asset, and new energy infrastructure. Impax has offices in the United Kingdom, the United States, Ireland, Denmark, Hong Kong and Japan, approximately £36.9 billion in assets under management and has one of the investment management sector’s largest investment teams dedicated to sustainable development.

Salica Investments is a tech-focused alternative asset manager headquartered in London, UK. The firm concentrates on backing and scaling innovative technology companies over the long term and generating good returns for their investors. Salica Investments a group of funds investing from equity to debt. The firm is active in the UK, Europe, and MENA regions. Through venture capital and growth equity financings, it invests in companies across fin-tech, consumer-tech, climate-tech, health-tech, and B2B SaaS businesses.

Low Carbon creates renewable energy to fight climate change. We’re building a global net-zero energy company that will power tomorrow and protect the planet for future generations. Low Carbon was established in 2011 with one goal in mind: to make the biggest contribution possible in the fight against climate change. The aim is to make a defining contribution to the historic effort to move the world to 100% renewable energy. Low Carbon are a long-standing certified B-Corporation, and recognized as Gold Standard for their environmental impact. Low Carbon’s climate ambitions are to become one of the world’s first major net-zero energy companies and to have created 20GW of new renewable energy capacity by 2030. Low Carbon is on a mission. Together, we will power tomorrow.

The Greenbelt team has a long history of investing alongside management teams to build market-leading businesses. Formerly the energy arm of Trilantic North America, and prior to that Lehman Brothers Merchant Banking, the partners of Greenbelt have worked together for an average of 12 years and have significant experience investing across the evolving energy sector.

Federation invests in real estate, infrastructure and private businesses and assets that meet economic and social needs. Federation's purpose is to serve investors seeking profit with principles.

New Energy Capital (NEC), a Victory Capital Investment Franchise, is a leading alternative asset manager investing across the capital structures of clean energy infrastructure projects and companies. Headquartered in Hanover, New Hampshire, NEC was one of the first investors to focus on clean energy and infrastructure assets. NEC has delivered a decade plus long track record of attractive performance on behalf of its investors. NEC has invested or committed more than $1.6 billion across more than 50 investments.

A leading investor in the global energy transition, Energy Infrastructure Partners manages assets for institutional investors. With more than a decade of experience and three fund generations, we offer investors long-term returns and the chance to make tangible contributions to the energy transition through private equity investments.

ECP (Energy Capital Partners) is an investor in critical infrastructure focused on electrification, decarbonization, reliability and sustainability. Founded in 2005, ECP’s investment team has an early mover advantage in the sector as we have been successfully investing through multiple energy transitions over the last 30 years, including ECP’s senior partners whom have been investing in critical electrification and decarbonization real asset infrastructure since the mid 1990s and are experienced owners of ESG-related businesses. With 100 employees and over 825+ years of cumulative energy experience, ECP is built on cutting edge strategies and opportunities linked to decarbonization and clean energy.

Pophouse creates, acquires and develops entertainment IP – specialising in music catalogue investments. Unlike traditional entertainment IP investors, Pophouse adds value to their investments through artist-centric concept development by working closely with existing stakeholders.  As a creatively oriented company, we enable bold ideas through all the brands, venues, and tools that we own and operate. We exist to unlock the power of entertainment.

Laub Capital II is a sophisticated and independent fund specializing in non-performing loan investments. Backed by proven expertise and disciplined strategies, the fund identifies and acquires portfolios of bank claims, transforming them into steady cash flows through strategic partnerships with top-tier collection agencies and law firms. By focusing on granular portfolios (thousands of claims per transaction), Laub Capital II ensures diversified and predictable returns for its investors. With quarterly distributions, the fund offers access to an asset class characterized by robust cash-flow generation, exceptional downside protection, and a dynamic entrepreneurial business model. Why Invest in Laub Capital II? Strategic Fundraising: Targeting €100M commitments (€125M hardcap), with first close projected in Q2-25, final close in Q2-26, and investment period concluding in Q2-27. Impressive Returns: Leveraging a strong track record, aiming for 14-16% net returns (unlevered). Granular Cash Flows: Investing in larger claim portfolios ensures consistent and diversified cash flow Exclusive Asset Class: Providing investors unique access to a high-performing asset class outside traditional credit opportunities strategies. Dynamic Approach: A focus on risk mitigation paired with entrepreneurial innovation The Laub Advantage: A Proven Team Experienced Founders: A Swedish founding team with over 30 years of trusted collaboration. Gustav Hultgren: Former CEO of DDM Holding, with an investment track record exceeding €3.5 billion in assets under management. Founded Credit Express in Ukraine and brings experience from Deutsche Bank and Lehman Brothers. Tobias Thunander: Former Head of Debt Advisory at KPMG and integral to NPL transactions, with over a decade of finance experience across Nordea, Fortis, and NORD/LB. Unmatched Relationships: Extensive networks in key markets and geographies, built on credibility and trust with banks, servicing partners, and legal teams. Expert Execution: A team of four full-time professionals in Budapest ensures seamless investment operations and analysis. Laub Capital I has already successfully deployed capital across twelve investments and is now in the harvest phase - solidifying Laub’s reputation as a premier partner in this lucrative market.

t is undeniable that energy is an essential part of modern life. For over 34 years, NGP has been a pioneer in the North American energy industry—always keeping an innovative eye on the future. At our core, we are energy investors and business builders. Our investments have fostered entrepreneurship, driven innovation, created jobs, advanced U.S. energy security, and supported the critical missions of our stakeholders. Today, we are one of the most trusted private equity energy investors. Our strategy has evolved to a changing energy environment. We have supported hundreds of businesses across upstream, midstream, renewables and energy technology. We have served as good stewards of capital while developing and sustaining an ecosystem that supports all solutions that strengthen the energy sector. In a time of historic change, our vision is to apply our collective expertise in natural resources and energy transition to identify opportunities to accelerate advances to meet the world’s energy needs. It’s a vision that is Moving Energy Forward.

Tikehau Capital is a global alternative asset management group with €50.6 billion of assets under management (at 31 March 2025). Tikehau Capital has developed a wide range of expertise across four asset classes (credit, real assets, private equity and capital markets strategies) as well as multi-asset and special opportunities strategies. Tikehau Capital is a founder-led team with a differentiated business model, a strong balance sheet, proprietary global deal flow and a track record of backing high quality companies and executives. Deeply rooted in the real economy, Tikehau Capital provides bespoke and innovative alternative financing solutions to companies it invests in and seeks to create long-term value for its investors, while generating positive impacts on society. Leveraging its strong equity base (€3.2 billion of shareholders’ equity at 31 December 2024), the firm invests its own capital alongside its investor-clients within each of its strategies. Controlled by its managers alongside leading institutional partners, Tikehau Capital is guided by a strong entrepreneurial spirit and DNA, shared by its 747 employees (at 31 March 2025) across its 17 offices in Europe, the Middle East, Asia and North America. Tikehau Capital is listed in compartment A of the regulated Euronext Paris market (ISIN code: FR0013230612; Ticker: TKO.FP).

Tyr Energy is headquartered in Overland Park, Kansas, represents the North American cornerstone of the ITOCHU Corporation global electric power strategy, focused on clean and renewable generation and technology solutions. Tyr Energy is active in the development, acquisition and financing of electric power assets and provides comprehensive management and oversight services to power generation and electric utility companies.

ArcLight is a leading infrastructure investor which has been investing in critical electrification infrastructure since its founding in 2001. ArcLight has owned, controlled or operated over ~65 GW of assets and 47,000 miles of electric and gas transmission and storage infrastructure representing $80 billion of enterprise value. ArcLight has a long and proven track record of value-added investing across its core investment sectors including power, hydro, solar, wind, battery storage, electric transmission and natural gas transmission and storage infrastructure to support the growing need for power, reliability, security, and sustainability. ArcLight's team employs an operationally intensive investment approach that benefits from its dedicated in-house strategic, technical, operational, and commercial specialists, as well as the firm's ~1,900-person asset management partner.

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Global Investment Solutions. With $441 billion of assets under management as of December 31, 2024, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,300 people in 29 offices across four continents.

As an alternative asset management firm, we invest in and operate long-life, high-quality assets and businesses on behalf of our clients, which range from large pension funds to single-family offices. We provide global commerce with critical infrastructure and drive tomorrow's economy with sustainable power.

Vision Ridge Partners aims to deliver superior financial returns and positive environmental impact through investments in sustainable real assets. We are part of the global transition to sustainability by identifying, developing and transforming complex assets across energy, transportation and agriculture.

True Green Capital Management LLC (“TGC”) is a specialized renewable energy infrastructure fund manager with a focus in distributed power generation in the US and Europe. The Firm is international with offices in Westport, Connecticut in the US and London in the United Kingdom. Founded in July 2011, TGC is led by a team of professionals with a proven track record and a demonstrated capacity to originate, finance, construct, and operate distributed renewable power generation projects. TGC believes the demand for power, the continued increase of power prices, decreasing entry costs of distributed power generation technology and the efficiency of creating and delivering price-competitive electric power at the source will continue to lead to compelling investment opportunities which provide a stable cash flow stream with low correlation to the broader markets. TGC is currently focused on investing in the US, the United Kingdom, and the EU, which account for a notable portion of the approximately $1.5 trillion global distributed power generation market, with an emphasis on the sub-utility scale solar power segment.1 Thanks to power industry deregulation combined with rapid advancements in technology, the economics of distributed power generation, including solar and batteries, are now competitive with traditional electricity generation sources. In many US states and key European jurisdictions, it represents one of the few sources of new power generation infrastructure that can be added to the power network quickly, reliably, and cost efficiently. To date, TGC has invested into a distributed solar power generation portfolio across 18 US states, the United Kingdom and France, delivering clean, renewable energy. US states include California, Colorado, Connecticut, Delaware, Idaho, Illinois, Maryland, Massachusetts, Minnesota, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Tennessee, Vermont, and Virginia.