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Year Founded: 2018

AUM: $3.5B | Dry Powder: N/A

320 Park Avenue, 25th Floor, New York, NY 10022, US

Founded in 2018, Newlight Partners LP is a private equity firm focused on growth-stage companies through buyouts. The firm builds businesses in partnership with exceptional founders and management teams

Key Contacts

  • Ruairi Grant

    Managing Director & Chief Financial Officer

  • David Taylor

    Partner, Chief Operating Officer & General Counsel

  • Dr. Alex Fridlyand

    Partner & Chief Development Officer

Investment Preferences

  • Preferred Industries

    Commercial Services, Healthcare, Infrastructure, Insurance, Other Financial Services, Telecommunications Service Providers

  • Geographical Preference

    North America

  • Preferred Deal Types

    Buyout/LBO, PE Growth/Expansion

  • Other Investment Preferences

    Prefers majority stake, Prefers minority stake, Will syndicate

Investments By Year

Source: Pitchbook

Funds Closed

NA

Investments By Industry

Investments By Region

Source: Pitchbook

Key Investments

In February 2023, Constellation, a New York-based provider of a verticalized SaaS enterprise technology platform, secured a $15 million of growth investment from Newlight Partners

In December 2022, Landways secured an undisclosed amount of development capital from Newlight Partners. Landways provides network and utility services intended to acquire and manage property rights and infrastructure

In September 2021, Alternative Resource Group, an operator of next-generation electric vehicle charging stations received an undisclosed amount of development capital from Newlight Partners

In April 2021, a private investment firm Rosemark Group, received $150 million of development capital from Newlight Partners. The company will use the investment to build the next leader in customer marketing by acquiring and accelerating the growth of tech-enabled marketing companies focused on deepening consumer relationships

In January 2021, Upland Capital Group, an operator of a specialty insurance company, received approximately $200 million of development capital from Newlight Partners. The initial capital raise will fund the company’s immediate build-out and organic growth plans

In October 2019, Leyline Renewable Capital, a Durham, N.C.-based provider of development-stage capital for renewable energy projects received a $150 million investment from Newlight Partners LP. Leyline is the provider of pre-construction capital for projects owned by small-to-mid-sized developers, deploying roughly $500,000 to $10 million per project. This investments are typically made as bridge loans and tend to include a minority equity stake

In August 2019, Bioenergy DevCo, a developer of anaerobic digestion facilities with more than 200 plants globally, received investment of $106 million from Newlight Partners LP. The company intends to use the substantial new growth capital to expand its operational footprint in North America, working with municipalities and corporations to develop anaerobic digestion facilities that naturally transform organic waste into renewable natural gas and an organic soil amendment, reducing landfill waste and carbon emissions

Other Details

Newlight Partners is a growth-focused middle market private equity firm that builds businesses in partnership with exceptional founders and management teams. The company currently has over $3.5 billion in capital commitments and assets under management.

Newlight was part of Soros Fund Management LLC since 2005 before it spun out from Soros in 2018 and started investing as an independent entity. Since 2005, Newlight has invested approximately $6 billion in over 100 investments. The firm typically targets investment in North America. The firm’s open fund QSIP is a buyout fund managed by Newlight Partners. The fund is located in New York, New York.

Bioenergy DevCo, Sagewind Capital, Fortistar, Lifeforce Capital, Irradiant Partners, Harbour Point Capital, Sun Mountain Capital, and Soros Fund Management are some of the co-investors who invest alongside Newlight Partners LLC.

Source: Pitchbook, Company Website, Press Release