J.P Morgan Private Capital expands sustainable growth equity team

J.P Morgan

J.P Morgan Private Capital has appointed Alex Bell as a partner of its sustainable growth equity platform.

Bell previously served as head of North America Climate Private Equity at Tikehau Capital, a global asset manager headquartered in Europe. Based in New York, Mr. Bell will support the platform’s climate solutions investing efforts.

Prior to Tikehau Capital, Mr. Bell was a Director at Caisse de Dépôt et Placement du Québec (CDPQ), where he helped launch a C$500 million platform investing in late-stage venture and early-growth private equity opportunities in energy transition, sustainable food & agriculture and industrial decarbonization.

Mr. Bell spent the early part of his career in energy private equity, including at Pine Brook Partners and Cadent Energy Partners, and started his career in the power & utilities investment banking division at Lehman Brothers.

Established in 2021, SGE was founded on the heels of both J.P Morgan Chase’s pledge to target over $2.5trn over 10 years to advance sustainable development and climate action, and the firm’s commitment to co-invest alongside Project Black, an Ariel Alternatives private equity fund, which aims to close the racial wealth gap by investing in middle market businesses that are minority-owned.

J.P. Morgan is anchoring SGE’s first sustainability investment strategy with an investment of up to $150 million, one of its largest capital commitments ever made into an alternative investment strategy.

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