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General Atlantic Closes Inaugural BeyondNetZero Fund
- Client News
- December 19, 2022
Paul, Weiss advised General Atlantic in the formation and closing of its inaugural BeyondNetZero fund, a private equity fund that invests in growth companies delivering innovative climate solutions that have the potential to meet and exceed net zero emissions targets, with a focus on decarbonization, energy efficiency, resource conservation and emissions management. Following the fund’s closing, General Atlantic has a total of approximately $3.5 billion in capital to invest in climate solutions. The BeyondNetZero fund is structured as a companion fund investing in climate growth equity companies alongside General Atlantic’s core global growth equity program.
The Paul, Weiss team includes corporate partners Conrad van Loggerenberg, Aaron Schlaphoff, Suhan Shim, Matthew Abbott and Cullen Sinclair and partner-elect Robert Tananbaum and counsel Christine Lin; tax partner Lindsay Parks and counsel Shane Milam; intellectual property partner Claudine Meredith-Goujon; and executive compensation partner Jarrett Hoffman and counsel Jake Glazeski.