Closed Loop Partners

Closed Loop Partners is built around the idea that the circular economy, which designs out waste, keeps products and materials in circulation and regenerates natural systems, is both an environmental necessity and a large investment opportunity. Founded in New York in 2014 by Ron Gonen, the platform combines an investment firm, an innovation center and an operating group. Closed Loop Capital Management houses the investment strategies. The Closed Loop Ventures Group is the early stage vehicle, providing venture capital to companies advancing circular solutions across packaging, food systems, fashion, supply chains and materials science. A buyout private equity strategy, anchored by the Closed Loop Leadership Fund, acquires and scales established circular economy businesses. A catalytic capital and private credit strategy, which grew out of the firm's original recycling infrastructure funds, finances recycling facilities, materials recovery and end market development projects. The Center for the Circular Economy conducts research and runs multi stakeholder collaborations such as the NextGen Consortium with major consumer brands, while Closed Loop Builders operates companies including Circular Services, described by the firm as the largest privately held recycling and composting company in the United States. Across its vehicles the firm reports keeping billions of dollars worth of plastics, packaging, organics, textiles and electronics in circulation.

$575M+ (firm-stated, as of December 31, 2023) AUM 69/100 Power Score™ 2014 Founded New York, NY
Circular Economy Sustainability Climate
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Signature Exit

Compost processor Atlas Organics, an early Closed Loop Ventures investment, was acquired by Generate Capital in a January 2022 majority-stake deal reported as a full exit for its early investors.

Key Partners & Leadership

Founder & Chief Executive Officer
Managing Partner | Closed Loop Partners; CEO | Closed Loop Capital Management
Managing Partner & Chief Strategy Officer | Closed Loop Partners; CEO | Closed Loop Builders
Managing Partner | Closed Loop Partners; CEO | Center for the Circular Economy
Managing Director | Ventures

Firm Timeline

2014
Ron Gonen founded Closed Loop Partners in New York with backing from the Walmart Foundation and a group of major corporations.
2017
The firm achieved B Corp certification.
2018
Launched the Center for the Circular Economy and initiated the NextGen Consortium with major consumer brands.
2021
The Closed Loop Ventures Group raised a Fund II of more than 50 million dollars to back early-stage circular economy companies.
2022
The Closed Loop Leadership Fund, the firm's buyout private equity fund, held its final close with assets managed in excess of 200 million dollars, and the firm launched Circular Services as its first operating company.
2023
Circular Services received nearly 1 billion dollars in commitments and the firm's assets under management exceeded 500 million dollars.