What investment strategy does Capital Dynamics focus on?

Capital Dynamics focuses on Real Estate strategies in the private equity space.

How many portfolio companies does Capital Dynamics have?

Capital Dynamics has 4 active portfolio companies and 3 completed exits and 3 funds tracked on GP Intel.

Where is Capital Dynamics headquartered?

Capital Dynamics is headquartered in London, United Kingdom.

What is Capital Dynamics's assets under management?

Capital Dynamics manages approximately €6.0B in assets under management.

When was Capital Dynamics founded?

Capital Dynamics was founded in 1999.

What sectors does Capital Dynamics invest in?

Capital Dynamics invests across Energy.

Home/GPs/Capital Dynamics

Capital Dynamics

London, United Kingdom·Founded 1999·

Real Estate

·capdyn.com

Capital Dynamics is a global private-asset manager founded in 1999, whose UK entity Capital Dynamics Limited is authorised and regulated by the UK Financial Conduct Authority under firm reference number 141829 and registered at Companies House under number 02215798. This profile covers only its direct Clean Energy Infrastructure business, launched in 2010 and run out of London, which owns and operates solar and onshore wind assets across Europe (its separate private-equity fund-of-funds and secondaries activities invest into third-party managers and are excluded). The clean-energy team manages about USD 6.5 billion and over 7.9 GW of contracted generation across 150-plus projects in Europe and North America; its latest fully European fund, Clean Energy Infrastructure IX, closed at EUR 521 million in October 2022 as an Article 9 SFDR strategy.

AUM

€6.0B

Funds

vintages 2021–2024

Portfolio

Exits

SectorsEnergy

Key facts

HQLondon, United Kingdom

Founded1999

Employees150+

Websitecapdyn.com

Recent exits

Alphial

Healthcare · 2025 · 5yr hold

Italian Solar Portfolio 225MW (Sonnedix sale)

Energy · 2025 · 2yr hold

Best Trash

Business Services · 2024 · 3yr hold

Coverage notes

3 funds tracked, 7 portfolio companies (4 active · 3 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund Capital Dynamics has raised, with its portfolio companies. Hand-checked from public filings.

3 funds

Capital Dynamics Global Secondaries VISecondaries

2024 · 2yr€1.0B0 active

No portfolio companies tracked yet.

Capital Dynamics Clean Energy Infrastructure IXInfrastructure

2022 · 4yr€521M4 active · 3 realized

Unrealized

4 held

Company	Sector	Geo	Entry
German Solar-plus-Storage (Saxony-Anhalt)	Energy	Germany	2025
Italian Solar Portfolio (110MW)	Energy	Italy	2023
Spanish Solar Portfolio (317MWp)	Energy	Spain	2024
UK Solar Portfolio 121MW (Clump and Yanel)	Energy	United Kingdom	2025

German Solar-plus-Storage (Saxony-Anhalt)Active

EnergyGermany· Entry 2025

Italian Solar Portfolio (110MW)Active

EnergyItaly· Entry 2023

Spanish Solar Portfolio (317MWp)Active

EnergySpain· Entry 2024

UK Solar Portfolio 121MW (Clump and Yanel)Active

EnergyUnited Kingdom· Entry 2025

Realized

3 exits

Company	Sector	Geo	Entry	Exit	Type	MOIC
Alphial	Healthcare	Italy	2020	2025	Trade Sale	–
Best Trash	Business Services	United States	2021	2024	Trade Sale	–
Italian Solar Portfolio 225MW (Sonnedix sale)	Energy	Italy	2023	2025	Trade Sale	–

AlphialExited 2025

HealthcareItaly· Entry 2020

Trade Saleto

Best TrashExited 2024

Business ServicesUnited States· Entry 2021

Trade Saleto

Italian Solar Portfolio 225MW (Sonnedix sale)Exited 2025

EnergyItaly· Entry 2023

Trade Saleto

Capital Dynamics Global Secondaries VSecondaries

2021 · 5yr€700M0 active

No portfolio companies tracked yet.

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About Capital Dynamics

Capital Dynamics is one of the longest-established global private markets specialists with $14.1 billion of assets under management and advisement as of June 2024, headquartered in Zug, Switzerland with 13 offices across Europe, North America and Asia. The firm was founded in 1988 as Westport Private Equity (UK) before moving the HQ to Zug in 1999. Capital Dynamics remains a partner-owned independent firm operating offices in London, Zug, New York, Tokyo, Hong Kong, Munich, Milan, Paris and beyond.

Investment thesis

Capital Dynamics deploys capital through six Global Secondaries funds (GSEC I through VI) plus multiple clean energy infrastructure vehicles, targeting global secondaries, primaries, co-investments, clean energy infrastructure and private credit. The platform combines one of the longest-established secondaries franchises with a top-ranked GRESB clean energy infrastructure platform. Sector focus spans diversified private equity multi-sector exposure plus dedicated clean energy infrastructure across solar, wind and battery storage. Geographic deployment is global across the 13-office network.

Recent activity

Recent realised exits include clean energy and renewables (Italy portfolio, 2025) plus various secondaries-driven realisations across 2024-2025. Recent acquisitions include clean energy infrastructure (Germany solar plus storage, 2025) and the Global Secondaries VI close (November 2024). The platform continues active deployment across the global secondaries and clean energy franchises. Detailed buyer names and multiple data available on Pro at €29/month.