Latest news with #FundIV
Associated Press
08-05-2025
- Business
- Associated Press
Southfield Capital Closes Oversubscribed Fund IV at $560 million
GREENWICH, Conn., May 8, 2025 /PRNewswire/ -- Southfield Capital, a premier lower middle market private equity firm, announced the final close of Southfield Capital IV ('Fund IV') with $560 million of capital commitments. Fund IV was oversubscribed and exceeded its original hard cap. Fund IV attracted strong support from existing investors and broadened its limited partner base with select new institutional investors across the U.S. and internationally, including family offices, consultants, pension funds, insurance companies, and fund of funds. With over twenty years of experience, Southfield works collaboratively with management teams to accelerate organic growth and implement targeted add-on acquisition strategies with the goal of at least tripling the size of the businesses. Fund IV seeks to continue Southfield's successful strategy of partnering and investing in entrepreneur-built, growth-oriented business services companies in the lower middle market. Southfield's partnership-first model complements its deep experience and track record in creating value for their limited partners and management teams. Andy Levison, Managing Partner at Southfield, said, 'We are grateful for the continued trust and support of our limited partners, both returning and new. The successful closing of Fund IV is a testament to the strength of our investment strategy and the caliber of our team. We remain committed to partnering with outstanding management teams to unlock significant value through digital transformation and strategic growth to deliver exceptional returns for our investors.' Atlantic-Pacific Capital served as Fund IV's exclusive global placement agent and advisor. About Southfield Capital Southfield Capital is a private equity firm that invests in high-growth, lower middle market companies in the outsourced business services sector. The firm targets companies with $4 - 20 million in EBITDA and partners with management to scale the business through a combination of organic and acquisition growth strategies. For more information, please visit View original content: SOURCE Southfield Capital
Business Wire
07-05-2025
- Business
- Business Wire
EFM Signs Deal With Microsoft for Purchase of Nature-Based Carbon Removals and Fund Investment
PORTLAND, Ore.--(BUSINESS WIRE)--EFM, a forest investment and management firm has finalized a multi-year offtake agreement with Microsoft alongside a fund investment that together secure Microsoft's access to up to 3 million nature-based carbon removal credits from EFM's investment platform. The deal includes an offtake agreement for the delivery of up to 700,000 credits through 2035, from a recently acquired property in Washington State's Olympic Peninsula that EFM is transitioning to climate-smart forest management. Additionally, Microsoft's Climate Innovation Fund (CIF) invested in EFM Fund IV, which aims to mobilize $300 million for climate-smart forestry across the U.S. This is CIF's first forestry investment in the United States and helps Microsoft secure future streams of up to 2.3 million additional high-quality credits with significant ecosystem and community benefits. 'Microsoft's support marks a pivotal step in accelerating support for high-quality improved forest management projects,' said Bettina von Hagen, CEO of EFM. 'Their leadership sets a strong precedent for the carbon market and reinforces the importance of natural forests as a scalable natural climate solution in the U.S. With their support, we see Fund IV growing and producing significant climate benefits alongside financial value for its investors.' 'Microsoft recognizes the important role of high-quality, nature-based solutions in meeting our Carbon Negative by 2030 goals. Our collaboration with EFM is a significant step towards unlocking the value of the latest scientific advancements in improved forest management as a carbon removal pathway. We are proud to contribute to climate-smart forest management in Microsoft's own backyard on the Olympic Peninsula,' said Brian Marrs, Senior Director of Energy & Carbon Removal at Microsoft. Scaling Impact Through EFM Fund IV EFM Fund IV's first investment, 68,000 acres in Washington State's Olympic Peninsula, exemplifies the company's FSC-certified, climate-smart strategy. The property had been industrially managed for close to a century by the prior owner. EFM's approach diversifies the revenue streams from forests to include carbon credits and conservation easements alongside revenue from conventional forest products. EFM Fund IV will initially focus on securing forest properties in the Western U.S., while also exploring other domestic markets where climate-smart management can create a competitive advantage for investors, alongside benefits for local communities. By enhancing the ability of the country's working forests to function as robust carbon sinks, the fund will support the long-term forest health and economic sustainability of these natural assets and the communities that rely on them. Raising the Bar for Improved Forest Management (IFM) Microsoft's long-term offtake agreement and investment in Fund IV will help raise the bar for Improved Forest Management (IFM) carbon projects, signaling their potential as scalable and effective climate solutions. IFM is a carbon market methodology that encompasses a suite of sustainable forestry practices aimed at increasing or maintaining forest carbon stocks and improving forest health. These practices include extending the rotation age of trees, reducing the impact of logging operations, and promoting selective harvesting. Microsoft will provide more information on its MSCDR website about its approach to IFM. By implementing these strategies, IFM projects can not only increase the carbon storage of commercial forests, but also improve biodiversity, enhance water and soil quality, and provide socio-economic benefits to local communities. Recent innovations, such as the adoption of dynamic baselines, have strengthened the integrity of IFM projects. EFM is committed to employing the best-in-class methodologies, ensuring that project baselines accurately reflect current policy and market conditions. With Microsoft's support, EFM is also adopting additional measures to further strengthen the integrity of its IFM credits. It does this by implementing a conservative approach that deliberately limits the amount of harvesting that is predicted in the baseline, or business-as-usual, scenario. About EFM EFM is an investment and management firm that acquires forests and implements climate-smart strategies in the Pacific Northwest and beyond. EFM creates value by combining timber production with revenues from carbon sequestration, conservation, recreation and biodiversity. EFM's investment management business focuses on FSC-certified forests in the US, and its advisory business focuses on cutting-edge natural climate solutions opportunities globally. The firm has two decades of experience and manages more than 200,000 forestland acres and is expanding to markets where increased funding for climate benefits and ecosystem services can create a competitive advantage and deliver value to investors, local communities and the public.
