Equilibrium Capital
- Company typePrivate
- Founded2008
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Equilibrium Capital does
Equilibrium Capital Group is a privately held, sustainability-driven asset management firm founded in 2008, headquartered in Portland, Oregon, with additional offices in San Francisco and London. The firm develops and manages closed-end investment funds for institutional investors, with core strategies spanning controlled environment agriculture (CEA), including greenhouses and indoor farms, renewable natural gas (RNG) infrastructure, and wastewater/carbon transition assets. Its flagship vehicle, the $1.022 billion Controlled Environment Foods Fund II, closed in 2021 and remains the industry's largest dedicated CEA fund globally; the firm also operates a Wastewater Opportunity Fund and has previously held an RNG platform divested to Suburban Propane Partners in 2023.
The firm's underlying investment engine combines proprietary sector research with climate risk quantification through a 2021 partnership with financial-technology firm FutureProof, and applies TCFD-aligned reporting frameworks across its portfolio. Portfolio investments include Revol Greens ($68M funding round), Longvine Growing Co. ($60M), AppHarvest ($91M), Finka, Hessing, Pacifico Aquaculture (via Butterfly Equity), and a majority stake in Australia's Perfection Fresh acquired with PSP Investments and Temasek. The firm is B Corp certified since 2009 and has committed to net zero greenhouse gas emissions by 2050.
Equilibrium Capital generates revenue primarily through management fees on closed-end fund vehicles plus carried interest and co-investment returns. Distribution is exclusively through direct institutional sales to pensions (AIMCo, LGIAsuper, PSP Investments), sovereign wealth funds (Temasek), and select regional banks (East West Bank). The firm is led by Co-Founder and CEO Dave Chen, supported by Managing Director Nick Houshower and a small specialized team of 11-50 employees.
Equilibrium Capital firmographics
Firmographics- Name
- Equilibrium Capital
- Legal name
- Equilibrium Capital Group
- Website
- https://eq-cap.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Equilibrium Capital industry classification
Industry- Product category
- Sustainable Asset Management
- NAICS
- Other Investment Pools and Funds (5259)
- akta.pro primary industry
- Sustainable Agriculture & Food Systems Funds (FSANAJAE)
- akta.pro secondary industries
- Sustainable/ESG Equity (Active) (FSAAAIAM), Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)
Keywords
Where Equilibrium Capital is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Equilibrium Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Fund Management Fees: Equilibrium Capital generates revenue through management fees on its closed-end fund vehicles, including the Controlled Environment Foods Fund II ($1.022B) and other specialized vehicles targeting CEA and carbon transition infrastructure
- Co-Investment and Direct Investment Returns: The firm earns returns through equity investments in portfolio companies including Revol Greens, Finka, Houweling's/Longvine, AppHarvest, and Butterfly Equity's aquaculture platform, generating returns through capital appreciation and distributions
- Asset Management for Institutional Capital: Manages capital for institutional investors including AIMCo, LGIAsuper, PSP Investments, and Temasek in sustainable agriculture and carbon transition infrastructure strategies
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Institutional fund investment - closed-end fund structures |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Equilibrium Capital product offering
Product offeringCore offering
Equilibrium Capital is a sustainability-driven asset management firm that develops and manages closed-end investment funds and active ESG strategies focused on sustainable food & agriculture (controlled environment agriculture including greenhouses and indoor farms) and carbon transition infrastructure (renewable natural gas, wastewater opportunities). The firm's flagship product is the $1.022 billion Controlled Environment Foods Fund II, the largest CEA fund globally, alongside the Wastewater Opportunity Fund, which deploy institutional capital into climate-resilient real assets.
Product overview
Equilibrium Capital is a sustainability-driven asset management firm offering investment funds and strategies in sustainable food & agriculture and carbon transition infrastructure. The firm's primary product is the Controlled Environment Foods Fund II ($1.022 billion, the largest CEA fund globally), alongside the Wastewater Opportunity Fund. These funds deploy capital into controlled environment agriculture (greenhouse, indoor farms), renewable natural gas, and wastewater infrastructure assets for institutional investors. The firm also provides proprietary research and sustainability-focused investment strategies emphasizing resilience, distributed infrastructure, and scaled repeatability.
Differentiator
Problem solved
Functional benefit
Products and services
- Controlled Environment Foods Fund II A $1.022 billion closed-end fund, the largest controlled environment agriculture fund globally, that deploys institutional capital into high-tech greenhouses, indoor farms, and related CEA segments for pension funds, sovereign wealth funds, and other institutional investors.
- Wastewater Opportunity Fund An investment vehicle focused on wastewater treatment infrastructure and related water, waste, and energy opportunities that generate both financial returns and environmental impact for institutional investors.
- Sustainability-Driven Real Asset Investment Strategies Active ESG investment strategies in sustainable food & agriculture and carbon transition infrastructure, emphasizing resilience, distributed infrastructure, and scaled repeatability, offered to institutional investors through fund vehicles and co-investments.
Quantifiable outcome
- $1.022B raised for Controlled Environment Foods Fund II - industry's largest CEA fund
- +3 more outcomes
Companies that use Equilibrium Capital
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles2 records
Equilibrium Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Equilibrium Capital partnerships and signals
Strategic signalScale indicators8 records
Recent moves6 records
Expansion highlights5 records
Equilibrium Capital competitors and assessment
Company assessmentMarket position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Equilibrium Capital social profiles
Digital presenceEquilibrium Capital compliance and trust
Trust signalCompliance1 record
Equilibrium Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Equilibrium Capital leadership team
Management profileNumber of profiles
Profiles6 records
Equilibrium Capital funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Equilibrium Capital M&A and investment
M&A and investmentM&A
Investments10 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Equilibrium Capital
What does Equilibrium Capital do?
Equilibrium Capital is a sustainability-driven asset management firm that develops and manages closed-end investment funds and active ESG strategies focused on sustainable food & agriculture (controlled environment agriculture including greenhouses and indoor farms) and carbon transition infrastructure (renewable natural gas, wastewater opportunities). The firm's flagship product is the $1.022 billion Controlled Environment Foods Fund II, the largest CEA fund globally, alongside the Wastewater Opportunity Fund, which deploy institutional capital into climate-resilient real assets.
Is Equilibrium Capital a public or private company?
Equilibrium Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Equilibrium Capital founded?
Equilibrium Capital was founded in 2008. It employs 11 to 50 people.
Where is Equilibrium Capital based?
Equilibrium Capital is headquartered in San Francisco, United States, in the North America region.
How does Equilibrium Capital make money?
Three revenue lines are on record. Fund Management Fees are the primary driver. The others are co-Investment and Direct Investment Returns and asset Management for Institutional Capital.
Does Equilibrium Capital have an API?
No public API is recorded for Equilibrium Capital.
What industry is Equilibrium Capital in?
Equilibrium Capital's product category is Sustainable Asset Management. Its primary akta.pro industry code is FSANAJAE, Sustainable Agriculture & Food Systems Funds, with a secondary code of FSAAAIAM, Sustainable/ESG Equity (Active). Its NAICS code is 5259.