Bob Lang, FirstPoint

Bob Lang, a 22-year veteran of investment consultant Cambridge Associates, has left the firm to join fundraising firm First Point.

Lang joined Cambridge in 1999 and has led due diligence on more than 50 private equity real assets funds, according to his LinkedIn profile. His experience also spans research and diligence on long-only and hedge funds in natural resources, energy, agriculture, listed infra, REITs and alternative energy.

Lang will focus on FirstPoint’s sustainable real assets business. “There is a lot of LP demand for anything broadly defined as sustainable,” Lang told New Private Markets. “The space is evolving so rapidly, you have to stay on top of developments.”

Julian Pearson, co-founder or FirstPoint, said he had worked “across the table” from Lang for almost 15 years and “he was always one of those select LPs who dug in early on propositions and asked the probing questions. Bob pushed hard on the ESG and sustainability fronts with our GPs long before it was a mainstream area of focus.”

FirstPoint’s clients include mid-market buyout firms, including UK-based Synova Capital and Ireland’s Cardinal Capital, as well as energy, infrastructure and natural resources specialists. Among the clients it lists on its website are: Climate Adaptive Partners, a low carbon infrastructure investor; Tiverton, a US agri-debt firm; and Lumos Capital Group, an impact-with-returns shop focused on the human capital development sector.

FirstPoint recently recruited Jeff Davis, the former co-head of private credit for rival firm Eaton Partners, as a partner in New York to lead its credit business.