Paine Schwartz Partners has added Adam Klein as a managing director on its investment team.
Mr. Klein has more than 20 years of investment experience, most recently at Crestview Partners where he focused on private equity investments in North America and Europe, leading the firm’s climate and sustainability efforts. At Crestview, Mr. Klein was a member of the firm’s investment committee, the head of its climate and sustainability investment team, the co-head of its energy vertical, and chairman of the responsible investing committee.
Mr. Klein began his career in investment banking at Donaldson, Lufkin & Jenrette, and then private equity at Centennial Ventures. Mr. Klein has an undergraduate degree in economics and an MBA from Harvard.
“We are pleased to welcome Adam to the team,” said Kevin Schwartz, the chief executive officer of Paine Schwartz. “His addition marks another important step in our efforts to build a robust, high-caliber investment team and further expands our deal sourcing, execution, and value creation capabilities. His experience in climate and responsible investing will also bolster Paine Schwartz’s leadership in agricultural decarbonization and sustainability. As the largest private equity firm dedicated to sustainable food and agribusiness, we continue investing in talent alongside our strong growth in AUM, currently at over $6 billion.”
“It is a privilege to join Paine Schwartz Partners, a firm recognized for its deep and successful experience investing in the food and agribusiness sector and its leadership in sustainability,” said Mr. Klein. “I look forward to partnering with my new colleagues and our Head of Sustainability to identify, execute, and create value across the food value chain.”
Paine Schwartz invests exclusively in sustainable investments in the food and agribusiness sectors with a specific interest in productivity and sustainability businesses that enhance agricultural productivity while limiting resource consumption, and health and wellness businesses that provide access to healthier, more nutritious, and safer food.
In September 2023, Paine Schwartz held a final close of its sixth fund, Paine Schwartz Food Chain Fund VI LP, with an above-target $1.7 billion of capital commitments.
Paine Schwartz was founded in 2006 by Dexter Paine and Mr. Schwartz and has offices in New York City and San Mateo, California.
© 2024 Private Equity Professional | September 13, 2024
