· investment-strategies · 1 min read
NYC VC/PE Fund Launch: Greenbelt Capital Closes $1B Inaugural Energy Transition Fund
Greenbelt Capital Partners closed Fund III at a $1 billion hard cap on June 23, 2025, with offices in Austin and New York focused on energy transition middle-market PE.
Greenbelt Capital Partners closed Fund III at a $1 billion hard cap on June 23, 2025 — exceeding its $750M target and bringing total AUM to ~$2.5 billion.
Key facts
- Firm: Greenbelt Capital Management
- Date announced: June 23, 2025
- Fund size: $1 billion (hard cap)
- Focus: Energy transition middle-market private equity
- Offices: Austin, TX + New York, NY
- Prior target: $750 million
LP base
Pension funds, sovereign wealth funds, insurance companies, and foundations across North America, Europe, and Asia-Pacific.
Why this matters for NYC
Greenbelt’s NYC office positions the firm in the institutional capital hub for energy transition PE — a category growing alongside NYC’s climate tech venture ecosystem (Planeteer, etc.) but at middle-market control/buyout scale.
Sources
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