C Change Partners on $100M Fund With Vanterra
Erin Kutz8/24/10
Fund manager C Change Investments, with offices in Cambridge, MA and San Francisco, has partnered with New York-based private equity firm Vanterra Capital to launch a new fund, with a $100 million initial close earlier in August, the firms announced on Monday. The Vanterra C Change Transformative Energy & Materials Fund I (TEM) will be managed out of Cambridge and will “invest in companies that will play a key near term role in helping large industrial firms gain enhanced competitiveness through better use of energy and materials,” says John Preston, the former director of technology development for MIT and a co-founder of the fund.
Erin Kutz is an Associate Editor for Xconomy. You can reach her by e-mail at ekutz@xconomy.com or by phone at (617) 252-0700, or follow her on Twitter at @erkutz.
