General Atlantic, a global growth equity firm, has announced the formation of BeyondNetZero (BnZ), a new venture targeting growth equity investments related to climate change. BnZ is being established in partnership with Lord (John) Browne of Madingley, Senior Advisor to General Atlantic, who will serve as Chairman of the venture. BnZ combines General Atlantic’s significant growth equity expertise, along with a new team of proven climate investors and industry executives, to create a unique capability to identify growth climate investment opportunities.

The BnZ team will identify and scale innovative solutions that focus on meeting and exceeding Net Zero emissions targets. The venture will leverage an extensive global network across the General Atlantic and BnZ teams to source, execute and support investments in high-growth businesses that ultimately have the potential to combat climate change at scale.

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Source: Private Equity Wire