What investment strategy does Magnesium Capital focus on?

Magnesium Capital focuses on Buyout strategies in the private equity space.

How many portfolio companies does Magnesium Capital have?

Magnesium Capital has 6 active portfolio companies and 2 completed exits and 1 fund tracked on GP Intel.

Where is Magnesium Capital headquartered?

Magnesium Capital is headquartered in London, United Kingdom.

What is Magnesium Capital's assets under management?

Magnesium Capital manages approximately €135M in assets under management.

When was Magnesium Capital founded?

Magnesium Capital was founded in 2014.

What sectors does Magnesium Capital invest in?

Magnesium Capital invests across Energy, Software, Industrials.

Home/GPs/Magnesium Capital

Magnesium Capital

London, United Kingdom·Founded 2014·

Buyout

·magnesiumcapital.com

Magnesium Capital LLP (FCA FRN 653174) is a London-based private equity firm founded in 2014 by Ian Jones and Matts Lundgren. The firm specialises in buyouts of profitable European mid-market companies enabling the energy transition, targeting technology-enabled and tech-led service businesses in energy efficiency, grid resilience and industrial decarbonisation. Magnesium Capital I closed at its hard cap of EUR 135m in April 2024, attracting blue-chip institutional investors from the US, Europe and the UK. Since inception the firm has completed seven platform investments and exited two for a combined 4.2x gross MOIC.

AUM

€135M

Funds

vintages 2023

Portfolio

Exits

SectorsEnergySoftwareIndustrials

Key facts

HQLondon, United Kingdom

Founded2014

Employees10+

Websitemagnesiumcapital.com

Recent exits

Stem Inc

Software · 2021 · 3yr hold

Limejump

Software · 2019 · 3yr hold

Coverage notes

1 fund tracked, 8 portfolio companies (6 active · 2 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

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

1 fund

Magnesium Capital IBuyout

2023 · 3yr€135M6 active · 2 realized

Unrealized

6 held

Company	Sector	Geo	Entry
ABEC	Software	UK	2025
Cyberhawk	Software	UK	2019
Embriq	Software	Norway	2020
Inopower	Energy	Denmark	2023
Opoura	Software	Denmark	2023
Rope Partner	Energy	United States	2020

ABECActive

SoftwareUK· Entry 2025

CyberhawkActive

SoftwareUK· Entry 2019

EmbriqActive

SoftwareNorway· Entry 2020

InopowerActive

EnergyDenmark· Entry 2023

OpouraActive

SoftwareDenmark· Entry 2023

Rope PartnerActive

EnergyUnited States· Entry 2020

Realized

2 exits

Company	Sector	Geo	Entry	Exit	Type	Buyer	MOIC
Limejump	Software	UK	2016	2019	Trade Sale		–
Stem Inc	Software	United States	2018	2021	IPO	–	–

LimejumpExited 2019

SoftwareUK· Entry 2016

Trade Saleto

Stem IncExited 2021

SoftwareUnited States· Entry 2018

IPO

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About Magnesium Capital

Magnesium Capital is a pure-play energy-transition private equity specialist with approximately €135 million of assets under management as of December 2024 (inaugural Fund closed oversubscribed at €135 million hard cap in April 2024), headquartered in London's Mayfair. The firm was founded in 2014 by a team with private-equity and operating backgrounds across energy, technology and industrials, operating as a partner-owned LLP.

Investment thesis

Magnesium Capital deploys capital through approximately one to two funds (Fund I closed 2024 plus predecessor and advisory deals), targeting energy-transition private equity in the European mid-market focused on technology and tech-led service companies enabling reliable and secure energy production, grid resilience and flexibility and responsible consumption and resource efficiency. Sector focus spans energy transition technology, building and electrical power management systems, power-to-heat and electrification, grid infrastructure technology, SCADA and data and resource efficiency. Geographic deployment is Europe (European-HQ companies with international expansion potential) including UK and Nordics.

Recent activity

Recent realised exits include smart energy storage (2021, earlier), with no 2024-2026 exits disclosed as the inaugural fund is in active deployment. Recent acquisitions include building management systems and data-centre energy solutions (2025) and power-to-heat and electrification (2023). The platform continues active deployment of Fund I across the energy-transition mandate. Detailed buyer names and multiple data available on Pro at €29/month.