Today, GEF Capital Partners seeks to build on the legacy of Global Environment Fund by focusing its investments in the United States, Latin America and South Asia across the following primary themes: clean energy, energy efficiency, waste and water. In certain geographies, we also focus our investments on additional sectors, such as sustainable food and agriculture, urban solutions, environmental services and others that have a bearing on resource efficiency/ conservation.
GEF Capital Partners brings the following key strengths for the benefit of investors and portfolio companies during the entire investment process:
- Our knowledge and experience across the sectors where we invest;
- Our operational expertise and hands-on approach partnering with exceptional teams to build fast growth
- Our on ground presence and extensive relationships which allow us preferred access to attractive
GEF Capital Partners is principally owned and managed by its six founding partners, who bring significant investment and operational experience in their core geographies. Being located in the US, India and Brazil, the team at GEF Capital Partners provides investors with a unique competitive advantage when it comes to sourcing, managing, adding value to portfolio companies and creating attractive liquidity events.
Mr. Alvim joined Global Environment Fund in 2015 as a Managing Director before founding GEFCP. Mr. Alvim has over 18 years of experience as an investor, board member, and executive with various private equity-backed portfolio companies primarily in the renewable energy, environmental services and technology sectors. Prior to GEF, Mr. Alvim was Executive Director of Energy and Business Development with Estre Ambiental (Nasdaq: ESTR), Brazil’s largest environmental services company, where he led its waste-to-energy business. Prior to Estre, he co-founded and served as Managing Partner of Greentech Capital, an investment and advisory firm in the clean tech and renewable energy sectors. Mr. Alvim has also served as the CEO of Inova International, a Darby Private Equity investment in the Internet sector and as Executive Vice President of Embratel, one of Brazil’s largest telecom operators. Mr. Alvim started his career as a consultant at Accenture.Mr. Alvim currently serves on the board of ENC Brasil, Luminae and Tecverde. Mr. Alvim received a B.S. in Electrical Engineering from Universidade Estadual de Campinas (UNICAMP) and an MBA from the Kellogg School of Management at Northwestern University. He has also completed the CEAG course at Fundação Getúlio Vargas (FGV-EAESP)
Mr. Barkoff joined Global Environment Fund as a Managing Director in 2008 before founding GEFCP. While at Global Environment Fund, Mr. Barkoff assumed increasing duties and responsibilities, including serving as the General Counsel of Global Environment Fund beginning In 2011 and serving as Chief Operating Officer beginning in 2017. During this period, Mr. Barkoff oversaw a number of the firm’s investments, including most recently the sale of Aurora Flight Sciences to Boeing. Prior to joining Global Environment Fund, Mr. Barkoff was an attorney with Arnold & Porter LLP, an international law firm based in Washington, D.C., where he worked principally with private equity and venture capital funds, and their portfolio companies, on a wide variety of acquisitions and investments. At Arnold & Porter, Mr. Barkoff advised Global Environment Fund as legal counsel on many of its U.S. investments. Mr. Barkoff currently serves on the board of directors of Gro-Well Brands, Inc. Mr. Barkoff received an A.B. in English from Vassar College as well as a J.D. and a M.B.A. from Emory University.
He brings over 23 years of experience investing in Indian public and private markets. Mr Narayan joined Global Environment Fund in 2012 before founding GEFCP. While at Global Environment Fund, Mr Narayan was involved in investments in renewable energy and energy efficiency related businesses. He was also responsible for providing overall guidance to the South Asia investment program of Global Environment Fund. He served on the Board of Renew Power Limited and Shakti
Pumps Limited and was actively engaged in managing and exiting the investment in Greenko. Prior to joining the Global Environment Fund, Mr. Narayan worked for JRE Partners in Mumbai, where he led minority, growth capital investments in a variety of rapidly advancing sectors within India. Prior to JRE Partners, he served as Vice President of Direct Investments (India) for American International Group (AIG) . While there, he invested both the proprietary capital of AIG and third-party private equity funds managed by AIG. He began his career with Zurich Asset Management India/ITC Threadneedle AMC India as the Head of Fixed Income, responsible for the portfolio management, trading, fixed income research, and the monthly communications to investors. Mr. Narayan currently serves on the board o Shakti Pumps Limited. Mr. Narayan holds a Post Graduate Diploma in Management from the Indian Institute of Management, Bangalore, and a Bachelor of Technology in Mechanical Engineering from the Indian Institute of Technology BHU (IIT–BHU).
He has over 23 years of professional experience spanning entrepreneurial, operational and venture investing activities in India and in the US. While at Global Environment Fund, Mr. Pai worked across multiple portfolios and was involved in the set up of the South Asia Clean Energy Fund (Fund I), a dedicated fund for growth and expansion investing in South Asia. In addition to overseeing guidance and operations of the South Asia program, Mr. Pai served as the nominee representative for the fund’s following investments – Rishabh, IEX (exited via IPO in 2017), iClean (a M&A exit to Takasago Thermal,Tokyo), Concord Enviro and Kalkitech. He was also intimately involved in the exit phase of Reva Electric Car to Mahindra Electric. Prior to GEF, Mr. Pai was a Managing Director at CID Capital, a 30+ -year old growth equity investment firm investing growth and expansion stage capital in the US. During this eight years period, Mr. Pai oversaw and/or worked on a number of the firm’s investments,leading efforts in technology, life sciences and clean technology areas. He was instrumental in business development initiatives with several of his portfolio companies, particularly in the green software and clean lighting (LED) space, assisting them in navigating market opportunities along the U.S.–India corridor. Prior to CID, Mr. Pai worked in consulting and in operational capacities for various Fortune 1000 technology companies globally, including American Management Systems (AMS), British Telecom and AT&T. Mr. Pai currently serves on the board of Concord Enviro, Rishabh Instruments and ESDS, Inc. Mr. Pai received a B.S. in Computer Engineering from the University of Bombay, a Master of Computer Science from Arizona State University, and an MBA from the University of Chicago. He is a dual U.S.–India citizen and speaks three native Indian languages as well as English.
Mr. Prawda joined Global Environment Fund as a Managing Director in 2016 before founding GEFCP. Prior to joining Global Environment Fund, Mr. Prawda served as an investment professional with ACON Investments, where he spent 14 years sourcing and executing private equity investments in the United States and Latin America. Transactions included Fairway Outdoor and Magic Media in the U.S. media/advertising space, SAE Towers and IDX Corporation in the global manufacturing space, ProEnergy
Services and APR Energy in the global power services sector and Grupo Sala; one of the leading waste management companies in Colombia. Prior to joining ACON Investments in 2002, Mr. Prawda worked with the Latin America Corporate Finance Group at JP Morgan Chase, where he was responsible for various corporate debt offerings in Mexico and Brazil. Mr. Prawda currently serves on the board of directors of Gro-Well Brands, Inc. and Red Ambiental. Mr. Prawda received a B.A. in Economics and International Relations from Tufts University.
Anibal Wadih joined Global Environment Fund in 2014 based in São Paulo, Brazil. He joins GEF from Canepa Management where he was a partner responsible for direct investments and business development throughout Latin America. Previously, Mr. Wadih was a Managing Director with Macquarie Capital, where he led a private capital merchant banking team investing in Latin America with a focus on the infrastructure and agribusiness sectors. While at Macquarie, he participated in a wide range of private equity transactions as well as the development of private equity and mezzanine fund platforms for the region where he served as an investment committee member. Prior to Macquarie, he was a senior member of the M&A group with Deutsche Bank in Latin America focusing on financial sponsors. Mr. Wadih currently serves on the board of AGV Logistica, Tecverde Engenheria, Neogas and ENC Brasil Mr. Wadih received a B.S. in Electrical Engineering (BSEE) from Universidad Simon Bolivar(Venezuela), a Master’s in Finance from IESA (Venezuela), and an MBA from the Stern School of Business at New York University.
He offers extensive experience in Indian private equity transactions, including portfolio management. Prior to GEF, Mr. Arora was an Investment Manager with Navis Capital, a South/Southeast Asia-focused private and public equity firm with $5.0 billion in assets under management, where he was responsible for sourcing, structuring, managing, and exiting investments. Prior to Navis, Mr. Arora was a member of the investment banking team of JM Financial, one of India’s leading investment banks, executing transactions in the consumer, healthcare, and infrastructure sectors. He currently serves on the board of XXX Mr. Arora holds an MBA from Indian School of Business, Hyderabad and received his Bachelor of Commerce from the University of Calcutta. He is also a Chartered Accountant and is proficient in English, Hindi, and Bengali.
Mr. Cifu holds a BA in Business Administration, with honors, from Fundação Getulio Vargas (FGV-EAESP),majoring in Corporate Finance.
Prior to joining GEF, Mr. Mafud was part of the corporate finance team at Voga, a mergers and acquisitions boutique acquired by Banco Indusval & Partners in 2013, and later joined the team responsible for structuring the Investment Banking franchise at BI&P, a portfolio company of Warburg Pincus. Mr. Mafud currently serves on the board of Luminae Mr. Mafud holds a bachelor’s degree in Production Engineering from Universidade de São Paulo (São Carlos – SP) and has credits in finance from Universidad Politécnica de Madrid (Spain).
Prior to joining GEF, Mr. Sharma was a member of the investment team at AMP Capital Investors (AMP) in India, where he was responsible for identifying, analyzing, and managing Indian infrastructure opportunities. Prior to joining AMP, Mr. Sharma was an Associate Vice President with Ambit Corporate Finance, a leading Indian investment bank, where he focused on acquisitions and private equity transactions while assisting in the expansion of its capital markets practice. Mr. Sharma also spent seven years with Arthur Andersen and Ernst & Young, leading teams on consulting assignments for companies in the power and telecommunications sectors. He is proficient in English and Hindi. He currently serves on the board of XXX Mr. Sharma has a BA in Economics from Shri Ram College of Commerce, Delhi University, and an MBA from the Indian School of Business. He is also a Chartered Accountant.
Ms. Torre holds a BA in Business Administration from Universidade Ibero Americana in São Paulo and has a postgraduate degree in Business Management from FAAP – Fundação Armando Alvares Penteado in São Paulo.
We seek to generate superior risk-adjusted returns through the core pillars of private equity investing:
drive operational improvement
Impact / ESG
Our approach to ESG considers:
- Strong environmental and resource efficiency assessment framework
- Impact evaluation aligned with UN Sustainable Development Goals
- Strong ESG processes and procedures
Initial investment: June 2017
Gro-Well is one of the largest green waste recycling companies in the Southwestern United States. Headquartered in Phoenix, Arizona, the Company manufactures and sells soils, mulch and other organic lawn and garden products to retailers and independent garden centers throughout California, Arizona, New Mexico, Idaho and Nevada. From its six plants strategically located throughout the Southwest, Gro-Well accepts sawmill waste and residue, as well as urban green waste and farm waste, to compost and manufacture its products. The company sells its products using a number of well-recognized brands, including Nature’s Way, Arizona’s Best, Garden Time and Gro-Well.
Initial investment: June 2018
ESDS is the creator of several eco-friendly technologies based on its patented eNlight Cloud Technology. This unique next-generation cloud model saves up to 70% of hardware resources of IT systems, resulting in substantial power savings and environment conservation by data centers and ESDS customers. Data Centers represent one of the fastest growing areas of energy consumption globally and energy efficiency improvements play an enormous role in taming the growth rate in the industry’s energy consumption.
Initial Investment: December 2015
Tecverde is an innovative homebuilder located in Curitiba, Brazil that utilizes a construction system developed specifically for the Brazilian market. This unique system allows for approximately two-thirds of a home to be fabricated in an automated factory and completed with the installation of wall panels during final assembly at the home site. Tecverde’s wood-frame system delivers increased efficiency to the home construction industry by significantly reducing construction time, materials, carbon emissions and cost.
São Paulo, Brazil
Initial Investment: May 2017
Luminae is leading lighting and energy efficiency solutions provider located in São Paulo that delivers lower energy use and improved lighting to commercial and industrial customers throughout Brazil. The company develops customized lighting projects, assembles high energy efficient LED lamps, manufactures luminaires and installs the complete solution. Luminae also monitors energy usage to identify additional reduction opportunities in other areas. The company has a successful track record of over 2000 projects for more than 150 clients in 25 states of Brazil. Beyond the high lighting and energy efficiency delivered by its projects, Luminae’s solutions also contribute to significant reduction of the environmental footprint of its clients.
Vinhedo, São Paulo, Brazil
Initial Investment: May 2016
AGV Logística is a market-leading, third-party logistics (3PL) service provider with integrated warehousing and transportation solutions, primarily serving animal health and human health industries but also fast moving consumer goods (FMCG) industries. The company is headquartered in Vinhedo, São Paulo, and has over 2,800 employees operating throughout Brazil. AGV’s business model delivers increased efficiency by reducing fuel consumption and CO2 emissions through its Full Truckload (FTL) freight model and efficient fleet management, under strict norms of temperature and safety. AGV supports a more efficient protein supply chain and contributes to healthier food products, by ensuring effective delivery of key vaccines and medicines to farmers in all regions of Brazil.
Initial Investment: March 2018
ENC Energy Brasil is a leading waste-to-energy solutions provider and owner/operator of landfill gas-to-energy plants in Brazil. ENC Energy Brasil was founded in 2012 as a subsidiary of ENC Energy Portugal, a Portuguese waste-to-energy specialist with strong global track record in LFGTE plants.
The company has an operational power plant in Minas Gerais and is currently developing five additional plants in other regions of Brazil. ENC’s business model delivers increased efficiency by reducing methane emissions from landfills, which is up to 25x more pollutant than CO2, and by delivering clean energy to an ever-growing number of clients.
Torre D – 14th Floor – WeWork
São Paulo, SP 04543-011
Bandra Kurla Complex
Bethesda, MD 20814