Neos Partners, an investment firm focused on second-order investing in the energy-transition and critical-infrastructure sectors, has closed its Neos Partners II with $1.37 billion of commitments. Neos also closed a $350 million committed co-investment vehicle alongside Fund II.
Fund II closed at its hard cap and received commitments from endowments, foundations, investment managers, family offices and other institutional investors. The fund 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.
“We are grateful for the strong support from our institutional investors,” said Peter Jonna, managing partner at Neos. “We are also proud of the backing from our industry network who anchored our first fund and today has grown to over 100 founders, executives and advisers who have committed more than $260 million to our funds.”