We are looking to raise $5mm in working capital. The proceeds raised by the Company from the Offering will be used to fund operating expenses required to launch the first product, the ARC Energy & Infrastructure Climate Solutions Fund, and establish the asset management business of the Company. ARC plans to roll out a series of products seeking to align institutional scale investor capital with long- term societal goals. The first product, ARC Energy & Infrastructure Climate Solutions Fund, will be a $750mm - $1 billion private equity-style fund focused on making investments that replace high-carbon intensive energy production with lower-carbon intensive energy production, reduce emissions and increase energy efficiency.
Backdrop to Opportunity
There are few products available to institutional investors that positively contribute to reduce climate change. The team has the required background to execute on the strategy.