Closed Loop Partners - Circular Plastics Strategy

Enriched Impact Investor · Found: 2026-03-11 11:09

Investment firm accelerating circular economy transition with over $475M AUM. Circular Plastics Strategy offers debt, hybrid, and equity financing from $1M+ for PP and PE recycling projects in US/Canada. Rolling applications.

Source: https://closedlooppartners.com/capital-management/apply-for-funding/circular-plastics

Funding Details

Funder

Closed Loop Partners

Funding Goal

Catalytic debt and equity financing to advance the recovery and recycling of polypropylene (PP) and polyethylene (PE) plastics through circular economy infrastructure, technologies, and companies in the United States and Canada.

Funding Amount

Minimum $1M; no stated maximum. Financing structures include debt (bridge, secured, unsecured, revolving credit, asset-based, venture debt), mezzanine hybrid, and equity as follow-on. Average investment period 3–5 years.

Deadline

Rolling (Rolling)

How to Apply

1. Complete online application form on the Closed Loop Partners website. 2. Team evaluates application against investment criteria. 3. Deeper operational and financial due diligence if initial fit confirmed. 4. Deal terms developed and presented to advisory board and investment committee. 5. Upon approval, deal is closed and project funded. Applicants must provide additional funding sources, a sources & uses table, feedstock and offtake agreements, and financial statements.

Target Region

United States and Canada

Contact

Closed Loop Partners, 888 7th Ave, 10th Floor, New York NY 10106. Contact form: https://www.closedlooppartners.com/about-us/contact-us/

Last Checked

2026-03-11 16:05

Application Checklist

Eligibility

• Project must be physically located and operating in the United States or Canada
• Applicant must be a municipality, private company, or non-profit organization
• For debt financing, applicant must demonstrate ability to repay

Project Scope

• Project must principally target polypropylene (PP) and/or polyethylene (PE) plastics

Required Documents

• Prepare a 'sources & uses' table and documentation of additional funding sources
• Provide feedstock and offtake agreements as part of the application
• Submit financial statements alongside the online application form

Constraints

• Minimum funding request of $1 million

Summary

The Closed Loop Circular Plastics Strategy is an impact-first investment fund managed by Closed Loop Partners, a firm with over $475M AUM dedicated to building circular economy infrastructure. The strategy provides flexible, risk-tolerant financing — including bridge loans, secured/unsecured loans, revolving credit facilities, mezzanine debt, and equity — to municipalities, private companies, and non-profit organizations working on PP and PE plastic recycling. The minimum investment size is $1 million, with an average investment period of 3–5 years. Eligible projects span the full plastics value chain: collection systems, material recovery facilities (sortation), processing/reclamation facilities using mechanical, chemical, thermal, or biological methods, end-product manufacturing using recycled resins, and enabling technologies that link supply chain nodes. All projects must be located in the U.S. or Canada and must principally impact rigid or flexible PP and/or PE from post-consumer, post-commercial, or post-industrial sources. Applications are accepted on a rolling basis. Evaluation criteria include GHG emissions reduced, mass of material diverted, applicant's ability to repay (for debt), scalability, increased recycling access, and leverage of additional capital sources. Approved applicants receive not only capital but also expert advisory support, access to Closed Loop's investor and industry network, and promotional opportunities through the firm's media channels. Beyond capital, Closed Loop differentiates itself through its Center for the Circular Economy — an innovation and research arm — and its Builders group, which incubates circular infrastructure services. This ecosystem approach helps borrowers attract co-investors and build feedstock/offtake relationships to scale their operations.

Historical Context

Closed Loop Partners manages over $475M AUM across venture capital, private equity, and catalytic capital strategies. The Circular Plastics Strategy is one of four catalytic capital sub-strategies (alongside Infrastructure, Beverage, and Local Recycling). The firm has operated for over a decade and published a 2024 Impact Report.

Why it was added

Impact investor/blended finance for plastic waste

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