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Irish Times
01-05-2025
- Business
- Irish Times
Dublin-based Ara Partners raise more than $800m for inaugural fund
Global investment fund Ara Partners has raised more than $800 million (€941.4 million), sweeping past its fund target of $500 million with the aim of scaling companies with significant decarbonisation impacts. The investment fund, whose European headquarters is in Dublin , is focused on the decarbonisation of the industrial economy and has already invested in Irish recycling firm Natural World Products. The firm said it views the Irish market as 'highly attractive' and it is examining investment opportunities 'locally as well as across Europe' highlighting the 'abundance' of Irish businesses working in the carbon transition sector. The fund is part of the firm's Ara Infrastructure strategy, which is run by co-heads of infrastructure, Teresa O'Flynn, who is based in Dublin, alongside George Yong. Since launching the infrastructure strategy in 2022, Ara Infrastructure has completed three investments – a fourth investment is expected shortly, the company said. READ MORE Ms O'Flynn, who was a founding member of BlackRock 's Global Renewable Power Infrastructure business, is guiding the company's infrastructure strategy. 'We are incredibly proud of this milestone and grateful for the robust support from our investors,' she said. 'This fund enables us to pursue a generational investment opportunity across Europe and North America, characterised by increasing energy and industrial demand, a move towards decentralised energy systems, as well as the need to ensure an economic path toward a lower-carbon economy,' The Dublin-based partner said the focus is on 'building high-value decarbonisation assets that future-proof businesses for the modern economy and support the energy transition. 'We knew that having boots on the ground would be key to accessing an attractive and wide-ranging investment opportunity set across Europe,' she said of their presence in Ireland. 'Dublin has proven to be an ideal base for our growing team of investment professionals, which serves as a key hub for sourcing and executing deals across the region.'
Business Post
01-05-2025
- Business
- Business Post
Ara Partners raises over $800m for infrastructure fund
News Ara Partners raises over $800m for infrastructure fund The firm has its European headquarters in Dublin Gillian Nelis 15:58 Teresa O'Flynn, head of Ara Infrastructure
Associated Press
01-05-2025
- Business
- Associated Press
Ara Partners Reaches Final Close for Inaugural Infrastructure Fund, Surpassing Target
Infrastructure Strategy Focuses on Mid-Market Investments in Industrial Decarbonization Assets BOSTON and DUBLIN, May 1, 2025 /PRNewswire/ -- Ara Partners, a global investment firm dedicated to the decarbonization of the industrial economy, today announced that it has raised over $800 million for its Ara Infrastructure strategy, including its debut Fund, Ara Infrastructure Fund I, and associated co-investment vehicles. The Fund exceeded its target of $500 million, drawing strong support from Ara's existing investor base and a diverse set of new institutional investors comprised of pension funds, insurance companies, sovereign wealth funds, endowments, and foundations from North America, Europe, and the Asia-Pacific region. Ara Infrastructure is led by industry veterans George Yong and Teresa O'Flynn. The strategy targets mid-market infrastructure with a focus on developing new and re-purposing high quality legacy assets for the low carbon industrial economy. Since launching the strategy in 2022, Ara Infrastructure has completed three investments, with a fourth commitment expected shortly. The Fund now owns 12 operational assets across North America and Europe. Portfolio companies include: 'We are incredibly proud of this milestone and grateful for the robust support from our investors. This Fund enables us to pursue a generational investment opportunity across Europe and North America, characterized by increasing energy and industrial demand, a move towards decentralized energy systems, as well as the need to ensure an economic path toward a lower carbon economy,' said Teresa O'Flynn, Partner and Co-Head of Infrastructure at Ara Partners. 'We are focused on building high-value decarbonization assets that future-proof businesses for the modern economy and support the energy transition.'' 'We are committed to delivering attractive risk-adjusted returns with classic infrastructure characteristics to our investors,' said George Yong, Partner and Co-Head of Infrastructure. 'Ara's builder capabilities and DNA ideally position us to navigate the disjointed, yet opportunity-rich, world of middle-market sustainable infrastructure. Companies in our target sectors seek more than just a capital provider; we believe our in-house operational capabilities make us a value-add partner of choice. We look forward to supporting exceptional teams and companies across these sectors.' Rede Partners acted as placement agent and Debevoise & Plimpton LLP served as legal counsel in the formation of Ara Infrastructure Fund I. About Ara Partners Founded in 2017, Ara Partners is a global private equity and infrastructure firm dedicated to decarbonizing the industrial economy. Ara seeks to build, scale, and optimize companies with significant decarbonization impact across the industrial and manufacturing, chemicals and materials, energy efficiency and fuels, and food and agriculture sectors. The company operates from offices in Houston, Boston, Dublin and Washington, D.C.. As of December 31, 2024, Ara Partners had approximately $6.2 billion of assets under management. For more information about Ara Partners, please visit Media Contacts: Catherine MacDonald, Ara Partners [email protected] Zach Harris, Prosek Partners [email protected] View original content to download multimedia: SOURCE Ara Partners
