Investment Strategies

True North Institute manages the Miranda Family investments supported by our team at Partners Capital.

Our investment strategy focuses 80% of the family’s assets on the most catalytic investments behind the global energy transition, to be invested roughly 50/50 between public and private companies.

We make no concessions on investment returns, underwriting each investment against the benchmark of the best public and private investments outside of the energy transition theme.

We believe that the most profitable path will lead to the most successful decarbonization.

TNI Investments Scope

invest-power

Power

Global Emissions: 36% 
  • Renewable energy integration, optimization and maintenance
  • Products and services supporting transmission buildout
  • Grid management and demand response
invest-industry

Industry

Global Emissions: 14% 
  • Electrification of industrial processes
  • Carbon capture, utilization and storage
  • Low carbon alternative materials
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Transport

Global Emissions: 14% 
  • Battery and fuel cell optimization, innovation, value chain and end-of-life management
  • Hydrogen generation, distribution and utilization
  • Charging infrastructure and associated operations and maintenance
invest-buildings

Buildings

Global Emissions: 6% 
  • Energy management and efficiency
  • Advanced construction and insulation materials
  • Products and services accelerating heat pump adoption
invest-waste

Waste

Global Emissions: 4% 
  • Low- and zero-carbon sustainable fuels
  • Plastics recycling
  • Alternative packaging
inverst-ag

Food, Ag and Forestry

Global Emissions: 18% 
  • Alternative proteins
  • Automation and electrification of agricultural processes
  • Value chain optimization

Our 6 Core Energy Transition Investment Themes 

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Energy efficiency

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Picks and shovels (e.g., software and services) needed for the infrastructure build out.

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The “first 10%” of Energy Infrastructure Development (pre-construction).

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Brown-to-green business conversions by companies best positioned to decarbonize.

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Private Equity corporate joint ventures and carve outs to fund commercial scaling.

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Asset light technology solutions backed by specialist climate tech Venture Capital firms.

Public Equity

Our public equity strategy focuses on generating outperformance from deep insights into sector decarbonization pathways, backing those companies with an economic edge in decarbonization.

Private Equity

Our private equity strategy focuses on capital light early-stage venture capital investments, “picks and shovels” to the growing renewables and EV sectors and infrastructure in the early stages of development.