Longevity Partners, a climate and sustainability consultancy specializing in real estate and infrastructure, has received a strategic investment that will ensure its global growth.
This funding will come from Nuveen's Private Equity Impact team and London-based European private equity firm Leon Capital.
This partnership aims to accelerate Longevity Partners' global expansion and drive further innovation in sustainability solutions for the built environment.
Leveraging the operational expertise and extensive global networks of both Nuveen and Leon Capital, Longevity Partners will continue its mission to create sustainable value by decarbonizing the real estate and infrastructure markets.
Etienne Cadestin, founder and CEO at Longevity Partners, said: ‘Joining forces with Leon Capital and Nuveen Private Equity Impact teams is a game changer and marks an important milestone for Longevity. This Article 9 investment provides us with substantial resources, strategic support and firepower to further accelerate our growth and pursue transformative opportunities. With this partnership, we are better positioned to scale our operations globally and expand our impact in driving the transition to net zero across the real estate and infrastructure sectors.’
Radhika Shroff, managing director, Private Equity Impact at Nuveen, said: ‘With buildings responsible for 40% of global total carbon emissions, we believe our investment in Longevity Partners is true to our objective to tackle the issues at the heart of the global climate crisis. By investing in a robust, science-based evaluation company, we hope to accelerate the decarbonisation of real estate markets around the world.’
Jean-Christophe Napoleon Bonaparte and Christos Lavidas, managing partners, and Michael Youtsos, partner, at Leon Capital, added: ‘We are proud to be partnering with Longevity Partners and Nuveen to support a leading player in the real estate sustainability space. Longevity’s expertise is instrumental in redefining how the built environment responds to the climate challenge, and we believe this collaboration will significantly enhance its ability to lead the industry forward ‘
Longevity Partners has certified over $300 bn (€276 bn) in real estate assets under management and is a global leader in delivering BREEAM In-use certificates.
