GreenPoint closes inaugural technology fund $134m
GreenPoint Partners, a New York–based alternatives firm investing at the intersection of real assets, technology and sustainability, has closed its inaugural technology fund at $134 million (approximately $200 million inclusive of associated co-investment capital), as well as the first investment by its innovative real estate private equity platform.
“The increasing pervasiveness of technology and ESG trends is pressuring real asset digitization and technology adoption to catch up to other industries,” said Chris Green, founder and CEO of GreenPoint. “Whilst the opportunities from this transition are vast, the knowledge gap and lack of integration makes this a challenging process. We believe that the winners from this transition will be digitally and sustainability-aware real asset owners/developers as well as the technology companies that can effectively deliver requisite solutions. We are excited to announce these firm milestones as we continue building the ecosyst