Capricorn's Strategic Move with Closed Loop: A Vision for the Circular Economy
Deal News | Mar 27, 2025 | Capricorn Investment Group LLC
Capricorn Investment Group LLC, a prominent player in sustainable investing, has taken a strategic leap into the circular economy with a major growth investment in Closed Loop Capital Management. Featured in a recent New Private Markets Podcast, Capricorn's Director, Marie-Cline Damnon, highlighted the firm's Sustainable Investors Fund, which focuses on empowering emerging impact-focused asset managers through strategic stakes. Capricorn aims to bridge the gap in the impact asset management field by supporting mid-sized firms that can scale to become larger influencers in the market. This investment in Closed Loop is viewed as a pivotal market signal emphasizing the role of the circular economy in securing natural resources and optimizing supply chains via waste mitigation and advanced remanufacturing. Capricorn's comprehensive support to fund managers extends beyond financial investment, providing services in business development, operational aid, and impact advisory.
Sectors
- Sustainable Investing
- Circular Economy
- Asset Management
Geography
- United States – Capricorn Investment Group and Closed Loop Partners are based in the U.S., making this the primary geography of interest.
Industry
- Sustainable Investing – The article discusses Capricorn's efforts within sustainable investing, focusing on their strategic investment in Closed Loop Capital Management, which plays a significant role in the circular economy.
- Circular Economy – The focus of Capricorn's investment is to scale the circular economy, which is critical for resource security and supply chain optimization, making this a relevant sector.
- Asset Management – Capricorn’s platform is designed to invest and take ownership stakes in emerging asset management firms that focus on sustainability and impact, thereby classifying this as part of the asset management industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Capricorn Investment Group LLC | Investor | Company | An investment management firm focusing on sustainable practices and impact investing. |
| Marie-Cline Damnon | Investment Director | Person | A director at Capricorn Investment, featured in the New Private Markets Podcast discussing the firm's recent investment activities. |
| Closed Loop Capital Management | Investment Target | Company | A company involved in the circular economy, focusing on resource security and supply chain optimization. |