Partnership For Launch Of New Funds

PIHG Partners with 1839 Ventures to Launch a Series of Funds and Investment Vehicles

Plural Industry Holding Group (“PIHG”) and 1839 Ventures LLC (“1839”) have agreed to work together to launch a series of US-incorporated funds and investment vehicles focused on sustainability, technology, and developing markets (the “Funds”).

Each Fund will focus on a specific industry, geography, or opportunity, and will be launched once a dedicated management team with expertise in the sector and potential deal flow has been identified. To ensure that funding can be deployed quickly, the size of each Fund may be limited to the amount of identifiable potential deal flow.

PIHG is currently at various stages of discussions with teams for creating Funds in a range of sectors (see full announcement for details). The Funds will be incorporated in the US, with reporting and management by the 1839 team headquartered in Austin, Texas. 

Simon Littlewood, PIHG President, commented “With the networks our management team has built up globally over the last few decades, we see considerably more deal flow than we have resources. We also come across great teams, looking to launch funds, and investors looking to deploy capital. Working with 1839, we will now be able to offer investors a flexible, investor-focused way to invest alongside us in the many projects we get to see and work on, and a platform for teams looking to create funding vehicles.”

Christopher Scheetz, Managing Member of 1839, commented “Based upon both our histories of supporting sustainable development it made perfect sense to form a strategic relationship with PIHG. Our relationship should further enhance our ability to reach a broader range of investment opportunities, boost our impact strategies, and expand resources for assisting in scaling our investments.”

Your attention is drawn to the Forward-Looking Statement attached, which is an integral part of this news release, and should be read in conjunction with this news release.