The Purpose of this Website
This website is designed to advance our mission of mobilising trillions of dollars in support of the energy transition. It serves as a hub for deep, objective investment insights and as a meeting place for a community of investors who can both contribute their expertise and channel the capital needed to drive the energy transition
Our Community
True North Institute serves two primary audiences:
- Chief Investment Officers (CIOs) of the world’s capital owners — including sovereign wealth funds, pension plans, endowments, foundations, and family offices, both large and small.
- Investors driving the global energy transition — the specialist teams within those same institutions, as well as asset managers across public equities, venture capital, private equity, and infrastructure.
Featured Research
Here we feature a selection of the True North Institute's most important and influential research for both communities – Institutional CIOs and energy transition investors.
Have we lost the climate change war?
The attached presentation was prepared for a discussion with 15 families focused on investing in the climate tech. The topic on the table was: “Have we lost the war on climate change?” Going around the room, the following answer emerged. The global climate transition is advancing, but not fast enough to reduce emissions at the…
Chief Investment Officers: Start Here
Five Enduring Lessons From 25 Years of Institutional Investing Over 25 years building Partners Capital into a $65 billion global OCIO, I had a front-row seat to over a thousand investment committee meetings. Around those tables sat some of the world’s most sophisticated investment committees representing endowments, foundations, family offices, pensions, and sovereign wealth funds—each…
Chart of the Month
Natural Gas Emerges as the Dominant Source for On-Site Data Center Power:
Accelerating shift toward self-generation: ~30% of planned U.S. data center capacity now features behind-the-meter power in order to bypass 5–10 year grid interconnection queues, up from ~0% a year ago.
Natural gas emerges as the primary fuel: Natural gas accounts for ~75% of planned capacity, creating a structural infrastructure "lock-in" for the next 20–30 years.
Significant tailwinds for equipment manufacturers: Surging demand has fueled triple-digit stock performance over the last 12 months for natural gas turbine and fuel cell leaders like Bloom Energy (+507%), Siemens Energy (+165%), and GE Vernova (+103%).
Other investment implications may include enlarged carbon offset purchases and markets as most of the hyperscalers have net-zero commitments and natural gas emissions will tally up to large offset requirements.
TNI 2025 Year in Review
Proud to share the True North Institute 2025 Year in Review, our first full year of operations, marked by strong performance, platform growth and the launch of our flagship climate investment strategy, the All Aboard Fund.
