HomeUSANeos Partners Raises $1.37 Billion Fund II

Neos Partners Raises $1.37 Billion Fund II

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Neos Partners, a San Diego, CA-based middle market investment firm, announced the closing of Neos Partners II, at $1.37 Billion.

The firm also closed a $350M committed co-investment vehicle alongside Fund II.

Fund II, which received commitments from endowments, foundations, investment managers, family offices, and other institutional investors, will invest in operating companies in North America that provide products and services to the renewable energy, power grid, infrastructure, data center, and energy-intensive industrial sectors.

Founded by Peter Jonna and Brad Forth, Neos is a middle-market investment firm focused on second-order investing in the energy transition and critical infrastructure sectors. The firm manages $2.7 billion of capital across its fund vehicles.

Fund II is a successor to Neos Partners I, which has $830m of commitments. To date, Fund I has invested in the following companies: BBC Electrical Services, FastGrid, MGM Transformers, Mill Creek Renewables, PwrQ, RMS Energy, and States Manufacturing.

FinSMEs

22/11/2024

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