Engine No. 1
Investment Details
Investor Type
Hedge Fund
Asset Class Focus
Equity, ESG and Impact Investing
Stage Focus
Growth, Late Stage, Pre-IPO, Buyout
Geographical Focus
United States, United Kingdom, Canada, Germany, Japan, Australia, China, India, Brazil, France, Italy, Denmark, Spain, Mexico, South Korea, Netherlands, New Zealand, Sweden, Norway, Finland
Industries Focus
- Financial Services
- Technology
- Healthcare
- Energy
- Consumer Goods
- Real Estate
- Materials
- Telecommunications
- Utilities
- Media
- Automotive
- Retail
- Transportation
- Aerospace
- Defense
Investment Size:
50,000,000 to 500,000,000 USD
Investor Details Founded: 2020
Engine No. 1 is an American hedge fund founded in December 2020 by Christopher James, with a focus on active ownership and impact investing. The firm gained prominence in 2021 for its successful campaign to replace members of ExxonMobil's board of directors, despite holding only a 0.02% stake in the company. This initiative aimed to drive the oil giant towards more sustainable practices and corporate governance reforms. The firm's investment approach emphasizes collaboration with management to create long-term value, rather than engaging in traditional activist campaigns. As of August 2024, Engine No. 1 reported assets under management exceeding $95 billion, with a portfolio that includes significant holdings in companies such as Vertiv Co and Applied Materials Inc. The firm has also launched exchange-traded funds (ETFs) focusing on supply chain resilience and energy transition, reflecting its commitment to ESG and impact investing. In February 2025, Engine No. 1 partnered with Chevron Corporation to develop scalable and reliable power generation solutions, aiming to co-locate power plants with AI data centers and deliver up to four gigawatts of electricity by 2027. This collaboration underscores the firm's dedication to driving innovation and reindustrialization in the United States through strategic investments in sustainable energy and technology sectors.
Requirements
- Minimum investment size: $50 million
- Maximum investment size: $500 million
- Focus on companies with strong ESG commitments
- Preference for investments in North America and Europe
- Interest in sectors such as energy, technology, and consumer goods
- Willingness to engage in active ownership and corporate governance
- Alignment with long-term value creation strategies
- Openness to innovative and sustainable business models
- Commitment to driving reindustrialization and innovation
- Experience in managing large-scale investments
- Ability to collaborate with management teams
- Focus on companies with growth potential
- Interest in both public and private market opportunities
- Preference for investments in late-stage and pre-IPO companies
- Alignment with impact investing principles
- Willingness to participate in joint ventures and strategic partnerships
Contact
[Official Website Hidden]
[HQ Location Hidden]
[Email Hidden]
Portfolio Companies
- Vertiv Co
- Applied Materials Inc
- Fluence Energy Inc
- Asml Holding N V
- Hubbell
- General Motors
- John Deere
- Bunge Limited
- Occidental Petroleum
- Chevron Corporation
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