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Case study

Adamantem targets ambitious emissions reduction across private equity sector

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 Koczkar
Co-founder and Managing Director, Adamantem Capital

Our investment

The CEFC has committed $80 million to Adamantem Capital Fund II (the Fund) as a cornerstone investor in its first private equity investment. The investment enables the CEFC to work with Adamantem to improve the sustainability profile of a significant part of the Australian economy. The Fund targets mid-market companies with a focus on consumer staples, healthcare and business-to-business services.

our impact 

It will assess the likely emissions profile of target companies, and the companies that it acquires will be required to implement emissions reduction targets that aim to either eliminate or offset their emissions within a decade. 

CEFC analysis suggests some 60 per cent of Australia’s national emissions come from companies outside the ASX 300. The Fund is part of Adamantem’s commitment to the creation of long-term sustainable businesses.  

Last updated 1 December 2020. National, Climate Bonds, Renewable energy, Low emissions, Energy efficiency