JP Morgan Private Capital has appointed Alex Bell as a partner of its Sustainable Growth Equity (SGE) platform.
Bell brings close to two decades of private equity experience with a focus on energy and climate technology.
Based in New York, he will support SGE platform’s climate solutions investing efforts.
Bell was previously head of North America climate private equity at Tikehau Capital, a multi-billion-dollar global asset manager headquartered in Europe.
There he was responsible for all stages of investing across sourcing, diligence, structuring, execution and fundraising.
Prior to Tikehau Capital, Bell was a director at Caisse de Dépôt et Placement du Québec (CDPQ), where he helped launch a C$500m platform investing in late-stage venture and early-growth private equity opportunities in energy transition, sustainable food & agriculture and industrial decarbonization.
He 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.
Tanya Barnes, managing partner and co-global head of sustainable growth equity at JP Morgan Private Capital, said: “I’ve known Alex for nearly two decades and he is a pragmatic, values-driven investor who brings years of multi-asset class sustainable investing experience to the team.”
Sustainable Growth Equity
The Sustainable Growth Equity platform was established in 2021, following JP Morgan Chase’s pledge to target more than $2.5trn over 10 years to advance sustainable development and climate action.
The firm has also made a 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.
JP Morgan is anchoring SGE’s first sustainability investment strategy with an investment of up to $150m, one of its largest capital commitments ever made into an alternative investment strategy.