Closed Loop Capital Management

Closed Loop Capital Management provides discretionary investment advisory services to pooled investment vehicles, including venture capital, private equity, catalytic private credit funds, and related co‑investment and special purpose vehicles. The firm’s clients are institutional and accredited/qualified limited partners — corporate investors, pension plans, insurance companies, other pooled vehicles and family offices — and its funds are structured as closed‑end partnerships with approximately $466 million in regulatory assets under management as of December 31, 2025.

CLCM’s investment work centers on the circular economy, using buyout, growth equity, venture and catalytic private credit strategies to target opportunities such as materials innovation, supply‑chain technologies, and recycled polyethylene and polypropylene markets. Investment decisions are driven by firm due diligence tailored to each Fund’s governing documents, and its catalytic credit strategy expressly contemplates blended capital structures and the potential to accept concessionary returns or prioritize strategic impact over pure financial return when permitted by Fund documents.

The brochure discloses several features that distinguish CLCM from many peers: the firm settled with the SEC on September 20, 2024 over disclosure and compliance shortcomings and describes subsequent remediation and investor committee ratifications. It also discloses operational affiliates (a Center for the Circular Economy and a recycling operating company) that create transactional and allocation conflicts managed by written allocation policies, and—unusually for an investment manager—its materials reference the use of testimonials, endorsements and advertised third‑party ratings, which the firm notes and addresses as potential conflict and disclosure issues.