Fund IV closes 31/12 Climate Tech Portfolio Fund IV: 150+ companies in one investment

Explore the fund

For family offices,
wealth managers and investment professionals

Carbon Equity is an energy transition private equity platform that enables investors to access top-tier energy transition funds and direct co-investments globally.

Different family offices need different energy investment exposure. We help you match your allocation to your objective: diversified access, specialist fund selection, co-investments, or a long-term path toward direct deals.

Our track record

1900+ Investors
€470m Assets under management
300+ Portfolio companies
13 Fund commitments

Underlying Fund Managers

  • Forbion
  • Breakthrough Energy
  • Energy Impact Partners
  • RGreen Invest
  • Ambienta
  • Qualitas Energy
  • Ara Partners

why carbon equity

What role do private markets play in your portfolio? Carbon Equity helps family offices build diversified exposure, co-invest in companies, develop in-house capability over time, or access specialist managers.

Stay close to the managers, companies and investment thinking that matter, while our specialist team handles sourcing, diligence and portfolio construction. Four reasons why family offices work with us:

  • If you want diversified exposure

    One commitment can provide exposure to 6–8 specialist funds and 150–200 companies across Europe and the US, with AIFM governance, quarterly reporting and hands-off execution.

  • If you want to build capability over time

    At qualifying commitment levels, engage with our investment team, share in diligence and learn how we source and underwrite deals. Stay close to the relationships while we do the heavy lifting. A path toward investing more directly over time.

  • If you want co-investments and company access

    We have co-invested alongside our GP network since 2024 and launched a dedicated co-investment fund in 2026. Investors can explore selected opportunities, supported by investment memos and founder access; availability and allocations are not guaranteed.

  • If you want access to specialist managers

    Our team selects and diligences energy-transition managers, including Capricorn, DCVC, Lightrock and Energy Impact Partners. An extension of your investment team focused on this specific market.

portfolio highlights

  • Included in Co-Invest Fund I

    Reverion

    renewable power

    Reversible power plants that turn biogas into electricity and vice versa using high-temperature fuel cells, producing roughly twice the electricity of conventional gas engines.

    • Biogas
    • Scale-up
    • Germany
  • Included in Climate Tech Portfolio Fund IV

    XNRGY

    data centre cooling

    High-efficiency cooling infrastructure for data centres and hospitals. Demand has grown rapidly as data centre construction accelerates.

    • Data centre cooling
    • Scale-up
    • United States
  • Included in Co-Invest Fund I

    Harbinger

    transport

    Electrifying the medium-duty truck market, where the vast majority of vehicles still run on fossil fuels. FedEx co-led its latest funding round and placed an initial truck order. THOR, the world’s largest RV maker, also co-led the round and builds its electric Embark motorhome on Harbinger’s chassis.

    • Transport
    • Pre-IPO
    • United States

our team

We are one of the world’s most specialized players in climate fund and co-investment selection

has our core investment team worked together
Since inception
of combined investing experience
>55 years
for co-investments and fund investments
Same team
  • Lara Koole

    Co-Founder & CFO

    Previously at
    Deloitte
    Previously at
    Philips Ventures
    Investment Experience
    15 years
  • Liza Rubinstein

    Co-Founder & Chief Impact Officer

    Previously at
    McKinsey & Company
    Climate Experience
    8 years
    Investment Experience
    5 years
  • Wiebe Visser

    Chief Investment Officer

    Previously at
    AlpInvest
    Previously at
    J.P. Morgan
    Investment Experience
    20 years
  • Bas van Beijeren

    Managing Director

    Previously at
    AlpInvest
    Previously at
    ABN AMRO
    Investment Experience
    10 years
  • Eva van Hilten

    Senior Investment Associate

    Previously at
    Sycada
    Previously at
    Arcadis
    Background
    MSc in Engineering
  • Idse Luirink

    Senior Investment Associate

    Background
    MSc in Environmental Science & Climate Policy
  • Sam van der Linden

    Investment Associate

    Previously at
    Rockstart
    Background
    MSc in Food Technology
  • Jacqueline van den Ende

    Co-Founder & CEO

    Previously at
    Peak Capital
    Previously at
    HAL Investments
    Investment Experience
    16 years
  • Paul de Raad

    Chief Commercial Officer

    Previously at
    Vandebron
    Investment Experience
    18 years
  • Dennis Schäfer

    Chief Legal & Risk Officer

    Previously at
    Loyens & Loeff
    Investment Experience
    12 years
  • Saskia Bruysten

    Co-Founder International

    Previously at
    BCG
    Investment Experience
    22 years

Join our community

your personal point of contact

While our platform makes it easy to invest fully digitally, your investor relations team is ready to help you at any time.

got any questions?

Liz is available as your personal point of contact

Request a call
Liz Engelberts
AIFMD
AFM supervised (NL)
AssetCare
Independent NAV
Quarterly reporting
NAV + capital account
5+ years
Track record since 2021
2.5-3%
Skin in the game
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