Capricorn Investment Group

Capricorn Investment Group, based in Palo Alto, California, stands as a prominent global investment firm with a distinctive focus on sustainable and impact-driven strategies across a diverse range of asset classes. Managing capital primarily for ultra-high-net-worth individuals, foundations, and endowments, the group oversees approximately $9 billion in assets under management. Their investment philosophy is deeply rooted in the belief that impactful investments can also generate superior financial returns, integrating environmental, social, and governance (ESG) factors into their rigorous investment process across public equity, fixed income, private equity, and real assets markets.

Within its private equity and venture capital arm, Capricorn is particularly active in disruptive technologies and solutions that address global challenges. The firm targets sectors such as clean energy, sustainable food systems, advanced materials, and resource efficiency. They typically engage with companies in growth equity and later-stage venture rounds, providing significant capital to scale innovative businesses. Their approach is characterized by a long-term perspective, often partnering with management teams to foster sustainable growth and market leadership.

While Capricorn's investment scope is broad, their typical first cheque for private market investments, including venture and growth equity, generally ranges from $10 million to $75 million. This substantial commitment reflects their preference for meaningful stakes in companies with proven business models and clear pathways to impact and profitability. They are known for their patient capital, often participating in follow-on rounds and supporting portfolio companies through various stages of development. Their strategic partnerships extend beyond capital, leveraging their extensive network and expertise to accelerate the growth of their portfolio companies.

Capricorn's portfolio includes notable investments in companies like Impossible Foods, a leader in plant-based meat alternatives, and Redwood Materials, focused on sustainable battery recycling. These investments underscore their commitment to fostering innovation that contributes to a more sustainable future. The group's disciplined yet forward-thinking investment strategy positions them as a key player in the evolving landscape of impact investing, demonstrating that financial success and positive global impact can be mutually reinforcing objectives.