First Closing for CleanTech Private Equity Fund Meidlinger Partners Sustainable Investments

by E.C. on 11/11/2009

Philadelphia-based Meidlinger Partners, LLC announced today that its new private equity vehicle, Meidlinger Partners Sustainable Investments, LP, completed its first closing.

Limited partners committed $4.25m, and Benchmark Asset Managers, LLC, a founding investor, expects to add additional $10.75m toward the fund’s target size of $100m.

The fund aims to provide expansion capital to lower market cleantech companies in the water industry.

FinSMEs

11/11/2009

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