List of 16 Small Environmental Family Office Investors

Investor	PE Assets $mlns	Portfolio		M&A Activity Buy vs Sell, Last 5 Years
Investor	PE Assets $mlns	Total	Current	M&A Activity Buy vs Sell, Last 5 Years
FORUM Family Office Munich, Germany Family Office • 1990 • website See all 1	-	2	1
L2 Capital Partners Devon, Pennsylvania, United States Family Office • 2011 • website See all 5	-	19	10
Heritage Growth Partners Atlanta, Georgia, United States Family Office • 2014 • website	-	4	3
Groupe Baelen Paris, France Family Office • 2003 • website See all 2	-	52	52
ARC Industries Charlotte, North Carolina, United States Family Office • 1999 • website See all 1	-	17	13
Aars Oslo, Norway Family Office • 1936 • website See all 6	-	14	8
Zukunftsfonds Heilbronn Heilbronn, Germany Family Office • 2005 • website See all 1	200	16	10
Pontos Group Helsinki, Finland Family Office • 2008 • website See all 4	-	16	9
Tillery Capital LLC Charlotte, North Carolina, United States Family Office • 2006 • website See all 3	-	6	2
Hersh Family Investments Irving, Texas, United States Family Office • 2004 • website See all 4	100	9	-
Elk Lake Capital Scranton, Pennsylvania, United States Family Office • website See all 4	-	5	4
Edgewood Holdings Vero Beach, Florida, United States Family Office • 2001 • website See all 5	-	8	4
D2 Equity Capital LLC Del Mar, California, United States Family Office • 2013 • website See all 1	-	8	-
William Harris Investors Chicago, Illinois, United States Family Office • 1976 • website See all 4	-	4	-
CopperLion Capital Vancouver, British Columbia, Canada Family Office • website See all 1	-	-	-
J Leon Group London, United Kingdom Family Office • website	-	3	-

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