TR

Transition Equity Partners — Growth VC Firm ($25.0M–$75.0M Checks)

VC
Profile updated October 2026Website

Transition Equity Partners is a Growth venture capital firm investing in AI / ML, Developer Tools. The firm typically writes $25.0M–$75.0M checks and has 8 portfolio companies in our records.

Check size
$25.0M–$75.0M
Portfolio
8 companies on record
Partners
5 listed
AUM
$1.5B
Stage
Growth
Sectors
AI / ML, Developer Tools

Last verified: 2026-10-26

How to approach: warm intro preferred
Stage

Growth

Check Size

$25.0M – $75.0M

AUM

$1.5B

Portfolio

8+ companies

Team

5 partners

Investment Thesis

Infrastructure and clean-energy investment platform focused on renewables, decarbonization, infrastructure, and clean energy supply chain projects. The firm invests in both companies and projects and can write larger checks alongside co-investors.

How Transition Equity Partners invests

Transition Equity Partners is a vc firm. The firm invests at the Growth stage, with a focus on AI / ML, Developer Tools.

Transition Equity Partners typically writes checks of $25.0M–$75.0M per investment, backed by approximately $1.5B in assets under management. Our records include 4 funds raised by the firm.

Transition Equity Partners has backed 8 companies in our records, including ReElement, Nexus Data Centers, Heliene.

Partners & Team

CP

Craig Payne

COO

JS

John Sexton

Director

MA

Michael Allison

Partner

U

Unknown

GP

Infrastructure
Clean energy supply chain
JO

James Onwualu

Senior Associate

Industry Focus

Invests In

AI / ML
Developer Tools

Funds

Transition Equity Partners IV

$300M2021
investing

Transition Equity Partners III

$250M2016
closed

Transition Equity Partners II

$150M2011
closed

Transition Equity Partners I

$100M2006
closed

Recent Activity

Raised Transition Equity Partners IV ($300M)

2021 · fund records

Raised Transition Equity Partners III ($250M)

2016 · fund records

Raised Transition Equity Partners II ($150M)

2011 · fund records

Raised Transition Equity Partners I ($100M)

2006 · fund records

Portfolio Companies (8)

Other

RE

ReElement

NE

Nexus Data Centers

Developer of behind-the-meter data center campuses supporting AI compute.

HE

Heliene

Vintage Fund I

Domestic manufacturer of solar panels.

AI

AirJoule Technologies

Vintage Fund I

HVAC and atmospheric water generation technology company using proprietary MOF-based systems.

TR

Trinity Gas Storage

Developer of a natural gas storage project in East Texas.

NE

NextDecade

Vintage Fund I

LNG developer building the Rio Grande LNG project and related carbon capture platform.

WE

Western LNG

Vintage Fund I

Developer of the Ksi Lisims LNG project in British Columbia.

RE

ReElement Technologies

Clean energy supply chain·Growth/strategic equity

Critical-minerals refining company focused on rare earth and battery elements.

How to pitch Transition Equity Partners
  • •Raising at Growth? You're squarely in their sweet spot.
  • •Lead with your fit in AI / ML, Developer Tools — the sectors they actively back.
  • •Size your ask to their typical $25.0M – $75.0M check.
  • •warm intro preferred
  • •Address your outreach to a specific partner, such as Craig Payne, COO.
  • •A warm introduction beats a cold email. Get matched and request an intro.

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