What we do
Pana LCE is a platform investing in private companies that are driving the transition to a low carbon economy. We serve family offices, endowments, and institutional clients globally. We are a fiduciary combining capitalism and altruism demonstrating double bottom line strategies can deliver target risk return objectives.
We have experience spanning four decades in real asset investments within our target industries
- Real Estate
We are WBE Certified and we adhere to UN PRI, UN SDG, SASB, GRESB, and IFC Impact Investing standards and principles.
Recognizing climate change is the single greatest threat to our planet, Pana LCE has constructed a durable investment management company that proves that impact and capitalism are not mutually exclusive.
The new climate economy is the growth story of the 21st century. No less than 100 trillion dollars is needed to transition the global economy to reduce emissions and reduce the impact of climate.
- Corporate and government economic commitments to decarbonize accelerated by regulatory tailwinds
- Commercially profitable technology that needs capital to scale deployment
- Overwhelming physical evidence that action is needed. Consumers, corporates, government are aligning with the science.
- Fiduciary skills across the investment process and value add in sourcing, diligence, and structuring
- Physical assets, logistics and consumer experience
- Growth equity focus leading venture into commercial deployment
- Network of Strategic Corporates, Investors, and Asset Managers
- Ability to leverage to $1 Trillion Investment
We focus on investments from venture to operational that create a glide path to reduce many carbon-intensive products and services and deliver portfolio benefits including:
- Diversification of existing real assets or core infrastructure portfolios
- Non-correlation to broad market indices
- Inflation protection
Caroline Abramo’s timeline and pathway to ESG
See article on our Linkedin page.
Describe your Path in the ESG industry?
As a women, I’ve prevailed- compounded knowledge. Only woman in the investment process and that voice mattered when typically it would not. It was a right of passage- a training ground called wall street. I have the data to be taken seriously. Doubly hard work. I endured and others valued my opinion. I was able to be heard and respected. I keep on raising the bar and ante with my roles. Taking on more. Any investment I was a part of has endured. Any person on my reference sheet you speak to you will tell you l left every institution I worked at in a better place from a fiduciary and practices standpoint. I also look to fill the gap that exists for more diverse views and managers in those Pana partners with.
We have to have diverse opinions at the investment table and diverse investments in the portfolio. Macro shocks are ever pervasive. And those come form all parts of ESG. ESG is also a macro factor in itself. It’s core to my belief system and actions, that diverse teams have more profitable results.
What Climate Investments can do?
Ensure our survival on this planet. Revolutionizing the way we not only look at the environment but everything in the economy.. supply chains, costs. Ultimately we are trying to support a population growth that can not exist with our water supplies, food practices, energy practices, and amounts of waste.
Founder & Chief Investment Officer
Caroline founded Pana LCE in 2019 to meet the demand for sustainable climate investments that offer competitive returns. Her work in commodities and infrastructure investing spans 27 years at several premier institutions including Lazard Asset Management, Enron, Carlyle Group, BNP Paribas, Deutsche Bank, Credit Suisse, Kimura Capital, and Pana Advisory. She has significant Private Equity growth experience through arranged financing and IPO’s for the earliest “green companies”. Caroline has also advised on and taken GP ownership stakes in several green companies and platforms through Pana Advisory. Caroline was most recently Co PM for the Lazard Real Assets Fund (BBG ticker RALIX) and made growth investments into Infrastructure, Real Estate, and Commodity companies. Caroline was also co PM of the Lazard Commodity fund (BBG ticker COMDO) with Pana LCE team member Eduardo Gonzalez. Caroline holds a Bachelor of Science and Arts in Management from Bucknell University.
Unlock the power
There are multiple ways to unlock the power of Pana LCE:
Fund I, LP
Each offers investors access our platform, proprietary tools, and portfolio management expertise including:
- Transparent and proven ESG process
- Pana Network Tool – PNT TM
- Pana Risk Score – PRS TM
- Access to Pana LCE research, portfolio management teams, and independent views
- Access to Pana LCE open architecture for investments and risk management
- Custom monitoring and reporting
Turning aspiration into action
Our firm, strategy, and actions are guided by these core tenets every day:
Embedded within every facet of the Pana LCE platform
As a fiduciary, partner, and firm in our investment process
Of thoughts and perspectives that can be implemented to achieve better investment outcomes
Fervor for our investors, peers, and partners and a zeal for our core values and mission
What makes Pana LCE Different?
Experience, relationships and expertise that set us apart:
With 30 years of relationships, we get invited into the key technology-led deals
At Bankers Trust/Deutsche, Enron, CS, BNPP, Carlyle, and Lazard, we have financed projects, provided debt facilities, taken companies to IPO, and hedged commodity supply contracts
Our commodity trading roots enable us to understand top down and bottom up risks, classify them, and manage them.
Real Assets PM Experience
We’ve managed equity and debt portfolios and have proven to deliver on stated IRRs and tenors.
We are all analysts and have 30 years of experience modeling the first companies in the LCE space.