At Ardabelle Capital, we believe Climate Buyout is the missing middle in the PE industry All I heard yesterday at France Invest x PwC invest Sustainability event was aligned : *Around 95% of businesses expect circularity to be important or extremely important three years from now *More than 70% expect circular business solutions to increase their revenue by 2027 *Over €100bn will be mobilised to support EU-made clean manufacturing by 2050 From a macroeconomic perspective, what was also highly instructive was the debate on whether Central Banks will cross the next frontier of monetary policy that is climate stability itself, or not. De facto, climate is now a financial variable, not an ethical one. Credit spreads, insurance pricing, and capital adequacy rules will increasingly depend on exposure to carbon risk. A Financial Times article refers to projections by the Network for Greening the Financial System (NGFS) that global GDP could shrink by up to 15 % by 2050 absent better climate action. In addition, climate and financial reporting has flagged that annual losses from natural catastrophes globally exceeded US $280 billion in 2023 (per Swiss Re). Now, what central banks are doing ? The European Central Bank and Bank of England have begun climate stress tests. Bravo. If central banks can anchor inflation, perhaps they can also anchor resilience. Do you think they should, or is this going too far ? #ClimateFinance #CentralBanks #Sustainability #ESG #RiskManagement #MonetaryPolicy #PE Kudos & Sources : Sophie Paturle Emilie Bobin PwC France World Economic Forum
À propos
Ardabelle Capital is a private equity firm dedicated to driving the transition to a sustainable economy. The firm is led by a transatlantic team with a proven track record in private equity, operations, and sustainability. Pioneering a horizontal value chain investment approach, Ardabelle is joining a small group of buyout private equity investors in climate, with a unique ecosystemic focus on accelerating the transition and the alignment of suppliers and service providers of consumer corporations. Arbabelle’s ambition to bridge the “Scope 3” gap embraces the largest investment opportunity in decades. Corporates are increasingly dependent on their upstream and downstream value chains for solutions that ensure business continuity, improve resource efficiency, satisfy regulatory requirements, and meet their net zero and environmental commitments. Ardabelle aims to invest in profitable mid-market industrial, services, and technology companies that are poised to lead the charge in the sustainable transition and generate long-term value. The firm is developing a proprietary sustainability transformation plan to drive value creation for portfolio companies. Ardabelle is embedded in the ecosystem of consumer corporations, as well as sustainability experts and scientific institutes. The team’s distinctive network generates access, knowledge, and expertise for the firm. Ardabelle’s gender-balanced leadership team is dedicated to diversity, equity, and inclusion within the firm, its portfolio companies, and beyond. United by a shared vision, they are committed to building a leading private equity firm that is a driving force for positive change.
- Site web
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www.ardabelle.com
Lien externe pour Ardabelle Capital
- Secteur
- Directeurs du capital-risque et du capital-investissement
- Taille de l’entreprise
- 11-50 employés
- Siège social
- Paris
- Type
- Partenariat
- Fondée en
- 2024
Lieux
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Principal
Obtenir l’itinéraire
Paris, FR
Employés chez Ardabelle Capital
Nouvelles
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Ardabelle Capital a republié ceci
US Liberation Day vs Europe’s Wake Up Call - My take on IPEM’s 2025 edition It has been largely commented on since the US Président shook up the world with the announcements of new import duties; but at IPEM this year, we had a clearer view of how commercial and financial exchanges reshape and adapt to make Europe emerge as winner. In the private equity (PE) industry, we observed how: ➡️ Resilience over prediction 🤸 Agility today isn’t about predicting the future; it’s about developing resilience though designing governance and balance sheets that can pivot when the future surprises you ➡️ New Globalization 🤝 Global trade being rewired around onshoring and friendshoring, supply chain security the new priority ➡️ Massive innovation tailwinds ⚡(AI, energy transition, and deep tech) reshapes productivity and capital formation faster than ever before ➡️ European capital at work 🔧 The European Investment Fund is now a cornerstone of the "Repower Europe” strategy ➡️ Scaling investments 📈in climate solutions, renewables and circular model is a priority for numerous investors and companies. Winners of tomorrow were in the room yesterday with no doubt. Thank you Alexandra Heal, David Mihalick and Matthias Boyer-Chammard for this fruitful conversation. #IPEM #IPEM2025 #Paris #PrivateEquity #PE Ardabelle Capital Financial Times Bain Capital Barings IPEM
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Ardabelle Capital a republié ceci
#ClimateWeek2025 I attended Climate Week in NYC this week with Bertrand Austruy, one of our founding partners at Ardabelle Capital. After a whirlwind few days, a few reflections on this year vs years past, and what we are seeing going into 2026: 1. Mitigation has taken a backseat and adaptation, with its promises of resilience and future-proofing, is garnering attention a. As the prospect of limiting global warming to 1.5°C fades and extreme weather events are more common even now, adaptation plays are already showing early proof points of value b. Physical risk assessment is becoming more sophisticated, and in instances directly informing run rate EBITDA calculations to forecast the ROI of adaptation initiatives c. Heat-resistant agriculture, heating and cooling optimization, and re-manufacturing critical resources were all front of mind topics this week 2. UNGA who? While Climate Week has historically anchored around the knowledge capital coming out of the United Nations and the power concentrated at the UN General Assembly, this year we heard sparse praise for academic-led innovation, no hope for multilateral efforts to push the climate agenda, and more than anything, complaints about the UNGA-driven traffic jams This may explain why we saw even deeper commitments to cross-industry coalitions and partnerships → for sustainable packaging innovation, for co-creating sustainable accounting standards, for sharing climate investment fundraising trends, and others - power concentrates somewhere, and industry is becoming more and more self-directed 3. Corporate Sustainability: Action replaces idealism, and energy remains high Past years have seen the emergence of exciting new themes - circularity, resilient ag, supply chain transparency - in contrast, this year, the conversation has moved beyond the “next big idea” to showcasing effective action Chief Sustainability Officers were omnipresent, both across large mainstage events and closed door executive roundtables - leading discussions with showcases of successful projects, - Successful projects were the key - tangible examples, from local sourcing models to switching out high-emission refrigerants, to partnering with banks to secure lower interest rates for farmers utilizing resilient ag practices - corporates had reasons to gloat, and were eager to showcase continued commitment to their high-ROI projects Women: Not on this panel (but don’t worry, they still moderate, sometimes) - Are US companies so scared of the DEI-police they’ve removed all female speakers from their Rolodexes? Maybe, maybe not. Still, anecdotally, the panels we attended had plenty of women in the audience, though they were scarce to be found onstage My takeaways: Capital is being drawn to adaptation and concentrating in tangible, ROI-driven projects; leading consumer corporates are taking action on sustainability at speed and scale; and industry coalitions are an increasingly influential groundbed of innovation
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US Liberation Day vs Europe’s Wake Up Call - My take on IPEM’s 2025 edition It has been largely commented on since the US Président shook up the world with the announcements of new import duties; but at IPEM this year, we had a clearer view of how commercial and financial exchanges reshape and adapt to make Europe emerge as winner. In the private equity (PE) industry, we observed how: ➡️ Resilience over prediction 🤸 Agility today isn’t about predicting the future; it’s about developing resilience though designing governance and balance sheets that can pivot when the future surprises you ➡️ New Globalization 🤝 Global trade being rewired around onshoring and friendshoring, supply chain security the new priority ➡️ Massive innovation tailwinds ⚡(AI, energy transition, and deep tech) reshapes productivity and capital formation faster than ever before ➡️ European capital at work 🔧 The European Investment Fund is now a cornerstone of the "Repower Europe” strategy ➡️ Scaling investments 📈in climate solutions, renewables and circular model is a priority for numerous investors and companies. Winners of tomorrow were in the room yesterday with no doubt. Thank you Alexandra Heal, David Mihalick and Matthias Boyer-Chammard for this fruitful conversation. #IPEM #IPEM2025 #Paris #PrivateEquity #PE Ardabelle Capital Financial Times Bain Capital Barings IPEM
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Ardabelle salutes IDEX Groupe ! Idex, the only vertically integrated operator delivering the complete value chain for local energy provision, is turning into a mission-driven company with Bertrand Austruy, Ardabelle's co founding partner, becoming a member of its newly-created mission committee 👀
IDEX devient entreprise à mission ! Notre raison d'être : "Accélérer la transition énergétique en valorisant des énergies locales et bas carbone" Trois objectifs guident notre action : 🌍 Agir pour le climat à travers des solutions accélérant la transition énergétique 🏙️ Agir pour le développement durable des territoires 👥 Agir pour un environnement de travail sécurisé, inclusif et stimulant Cette transformation représente l'aboutissement d'une réflexion entamée en 2020 avec notre projet d'entreprise "Idex 2030". Elle nous engage à poursuivre notre mission dans la durée, sous le regard d'un comité indépendant composé de huit membres experts. En tant qu'acteur de référence du marché local de l'énergie bas carbone, cette évolution est parfaitement cohérente avec notre modèle intégré : de la production d'énergie à partir de ressources locales et bas carbone jusqu'à l'optimisation de son usage final dans les bâtiments. Devenir entreprise à mission, c'est donner encore plus de sens à notre travail quotidien et réaffirmer notre engagement : être le partenaire privilégié des territoires dans leur trajectoire de décarbonation. Et vous, que pensez-vous cette évolution ? Partagez vos réflexions en commentaire ! Pour plus d'informations, consultez notre page web dédiée (lien dans le 1er commentaire) #TransitionÉnergétique #EntrepriseÀMission #ComitéDeMission #Décarbonation
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Produire plus proche, plus sûr, plus durable : un impératif stratégique pour l’Europe Pendant trop longtemps, la mondialisation a été guidée par une seule boussole : l’optimisation des coûts. Mais la pandémie, les tensions géopolitiques et les crises climatiques nous ont rappelé une vérité brutale : nos chaînes de valeur sont devenues des chaînes de vulnérabilité. Dans cette tribune, co-écrite par Virginie Morgon et Éric Hazan, nous plaidons pour un nouveau modèle industriel, fondé sur quatre batailles stratégiques à mener de front : 🔁 Relocaliser et diversifier intelligemment pour réduire les dépendances critiques ; 🤝 Impliquer les fournisseurs pour qu’ils deviennent acteurs de la décarbonation et de l’innovation durable ; 🏭 Construire un “modèle d’industrie propre” où les zones d’impact sont ciblées, mesurées, assumées ; ⏳ Réapprendre la résilience dans le temps long, au-delà de la tyrannie du trimestre. C’est une opportunité majeure pour l’Europe. En jouant la carte de la compétitivité durable, de l’alliance entre grands groupes et PME territoriales, et en sortant d’une logique de dispersion, nous pouvons construire des écosystèmes robustes et responsables. 📍 L’avenir ne sera pas moins global, mais il sera plus stratégique, plus éthique — et plus résilient. 👉 À lire dans Les Echos : « Produire plus proche, plus sûr, plus durable est un impératif stratégique » Relocalisations : « Produire plus proche, plus sûr, plus durable est un impératif stratégique » : https://lnkd.in/eWK4zRhm via @LesEchos par Virginie Morgon et Eric Hazan #Industrie #Relocalisation #Durabilité #Europe #Compétitivité #SupplyChain #Souveraineté #TransitionÉcologique #ÉconomieCirculaire #RésilienceIndustrielle
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Ardabelle Capital a republié ceci
Senior Investment Manager Private Equity at ZKB Asset Management PE Fund Investments in Decarbonization Solutions across NA, EU & Asia
After an energizing few days at the Impact Investor Global Summit, one thing is clear: the momentum behind sustainable and impact investing is real, global, and accelerating. It was truly inspiring to engage with peers who are directing capital toward meaningful, real-world outcomes. #ImpactInvesting #SustainableFinance #GlobalImpact #Decarbonisation #PrivateEquity
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Ardabelle Capital a republié ceci
At #ImpactEULondon yesterday I shared reflections on a timely and complex topic: What does it mean to be an impact investor in a ‘post-globalized’ world? ➡️ Globalization is Not Over— But it is Evolving. We are not witnessing the end of globalization, but rather its transformation. Global challenges—pandemics, geopolitical disruptions, climate extremes, and the rise of decentralized technologies—require global responses. Yet, today’s corporate value chains have revealed their fragility: they are too long, too opaque, and too exposed to shocks. The past decade has made this vulnerability impossible to ignore. ➡️ A Recalibration Towards Sovereignty is Underway. There is a visible shift toward sovereignty—politically and economically. Countries and companies are reshoring and nearshoring. The goal: build resilience, reduce dependency, and reindustrialize towns and cities that have been left behind by globalization. Repatriating key parts of production is now seen as a strategic necessity, not protectionism. ➡️ Data is Changing the Face of Trade. Evolving national interests are reshaping trade alliances. While physical trade is facing new headwinds—tariffs, logistics constraints—digital globalization is thriving. Data flows, AI deployment, remote work, and digital services continue to accelerate. Trade patterns are not vanishing; they’re being reimagined. ➡️ Global Supply Chains Are Contending with the "New Normal". Climate volatility—both explosive and incremental—is upending existing systems in agriculture, manufacturing, and logistics. For instance, in countries like Spain, Italy, Greece, and California, prolonged droughts are impacting water-intensive crops, forcing a rethink in sourcing strategies and agricultural practices. The war in Ukraine has abruptly altered energy and food supply routes. These aren’t isolated events—they are signals of a new normal. All of this adds up to corporate leaders being under pressure to act on multiple fronts: ▪️ De-risk critical supply streams ▪️ Future-proof operations against systemic disruption ▪️ Navigate complex, fast-evolving regulatory environments and political realities The pressure to transform is real—and urgent. The technology exists. The market demand is clear. What’s often lacking is scale. Those who can bridge that gap and build resilient, inclusive, and adaptive value chains will lead in the years to come. Jeffrey Altman Peter Jäderberg Ralph Keitel
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Our team is thrilled to be in London for these exciting discussions! Virginie Morgon Noemie Flammarion Vivianne Akriche Cara Kennedy-Cuomo
Advising on Global Innovation in AI, Resource Resiliency, Sustainability, Healthcare, Infrastructure & Dual-Use Technologies
Excited to be moderating an exceptional panel at #ImpactEU25 in London, 20–21 May! Join us for a timely and thought-provoking discussion on: "Being an Investor in the 'Post-Globalised' World." We’ll explore how evolving global dynamics are reshaping capital allocation, risk frameworks, and impact measurement. 🗓️ Save your spot and use my speaker discount code: IMPACTEU25_speaker for 10% off your delegate pass. 🔗 Register here
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Ardabelle Capital a republié ceci
Since founding Ardabelle Capital alongside Virginie Morgon, Vivianne Akriche, Bertrand Austruy, Noemie Flammarion, Eric Hazan, and Cara Kennedy-Cuomo, we’ve shared a clear ambition: to support businesses that are building a more sustainable, resilient, and efficient future. Today marks an important milestone for Ardabelle. We’re proud to become the first European GP backed by TPG NEXT — part of TPG, a leading global alternative asset management firm founded in San Francisco in 1992. TPG manages $246 billion in assets and has a broad global presence across investment and operational teams. Among its many achievements, TPG has developed pioneering expertise in climate investing. This partnership brings more than anchor capital — it brings alignment of values, access to an extraordinary ecosystem, and a shared belief in the importance of investing in the transition toward sustainability. We believe it will significantly enhance our ability to support mid-market companies with the ambition and potential to grow internationally. It also reflects the growing recognition among global investors that Europe is a dynamic and attractive market for industrial transformation and sustainable investing — with proven, competitive, and scalable solutions. I'm also grateful to the brilliant people who have joined us along the way: Célia Nataf, Pierre Chardot, and Samuel Toledano — each contributing to building the firm and sharing this achievement. Looking forward to the journey ahead of us alongside the TPG Next team — Pamela Pavkov, Marcus Lawrence. #SustainableInvesting #PrivateEquity #ClimateFinance #IndustrialTransformation #ImpactInvesting #EuropeInvesting #Sustainability https://lnkd.in/eKriwfY7