Cooley LLP advised Vision Ridge on the deal.
Vision Ridge, an alternative asset manager focused on sustainable real assets, announced the closing of its third sustainable asset fund at $1.25 billion. Initially targeted at $1 billion of commitments, Sustainable Asset Fund III drew interest beyond the $1.25 billion hard cap.
The fund aims to make between 8-12 investments in industries undergoing a significant shift to sustainability, including energy, transportation and agriculture, with a core position size between $75 million and $175 million.
Located in Colorado and New York, Vision Ridge aims to deliver superior financial returns and positive environmental impact through investments in sustainable real assets. It manages approximately $2.5 billion across its three funds and associated co-investments.
The Cooley team included Aaron Velli (Picture), Luke Bagley, Paul Roberts, Katelyn Kimber, Jacob Carvalho, Wyatt Christiansen, Joyce Wang, Cathy Rude and Noah Pittard.
Involved fees earner: Luke Bagley – Cooley LLP; Jacob Carvalho – Cooley LLP; Wyatt Christiansen – Cooley LLP; Katelyn Kimber – Cooley LLP; Noah Pittard – Cooley LLP; Paul Roberts – Cooley LLP; Aaron Velli – Cooley LLP; Joyce Wang – Cooley LLP;
Law Firms: Cooley LLP;
Clients: Vision Ridge Partners, LLC;