TLDR:
- B Capital announces Rich Lesser and Jeff Johnson appointments to expand climate investment platform
- Rich Lesser joins as Vice Chair, Climate and Sustainability and Senior Advisor, while Jeff Johnson joins as General Partner
B Capital, a global multi-stage investment firm, has announced the appointment of Rich Lesser and Jeff Johnson to further expand its climate investment platform. Rich Lesser, the Global Chair and Former Chief Executive Officer of Boston Consulting Group (BCG), has joined the firm as Vice Chair, Climate and Sustainability and Senior Advisor, to help drive the firm’s strategic direction in climate and sustainability. Jeff Johnson has also joined as General Partner to lead the firm’s growing climate investment team with nearly 25 years of experience in sustainable technology.
Article Summary:
B Capital has appointed Rich Lesser and Jeff Johnson to strengthen its climate investment platform. Rich Lesser, with his background in climate and sustainability leadership, will serve as Vice Chair, Climate and Sustainability and Senior Advisor. Jeff Johnson, with his experience in sustainable technology, joins as General Partner to lead the growing climate investment team. The firm’s climate platform aims to invest in and support growth businesses working towards net zero targets, leveraging its global footprint and strategic partnership with BCG. With significant resources needed to combat climate change, B Capital sees innovation as key to achieving decarbonization goals. Rich Lesser and Jeff Johnson’s appointments follow the addition of Don Wood as a Venture Partner focused on climate in the previous year. The firm, with over $6 billion in assets under management, focuses on seed to late-stage venture growth investments in technology, healthcare, and climate sectors. B Capital aims to provide value-added support to entrepreneurs to scale fast and efficiently, expand into new markets, and build exceptional companies.
