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