Kilara Capital

Kilara Capital is a specialist Australian investment manager and project developer based in Melbourne, dedicated to driving decarbonisation outcomes and fostering a low-carbon economy. Established in 2017, the firm operates across three distinct business lines: private equity, energy, and infrastructure solutions. Kilara Capital's core purpose is to generate robust commercial returns for investors while simultaneously building resilience and sustainability for businesses and society at large.

The firm serves investors seeking exposure to climate-smart opportunities and partners with scalable small to medium-sized enterprises (SMEs) that are critical to the economic transition towards a sustainable future. Kilara Capital's investment strategy focuses on businesses with proven models, nearing or achieving profitability, and deeply embedded in essential value chains. Their thematic investment areas include future foods, circular economy, energy transformation, environmental markets, and sustainable infrastructure.

What sets Kilara Capital apart is its profound commitment to measurable impact, going beyond traditional ESG considerations. The firm is a Certified B Corporation, reflecting its high standards of social and environmental performance, accountability, and transparency. Kilara applies a rigorous impact assessment framework and an ambitious impact hurdle, committing to reduce CO2e emissions by 15 percent, which is double the target set by the Paris Agreement. This approach ensures that financial returns are directly linked to tangible decarbonisation outcomes.

Key achievements for Kilara Capital include the establishment of the A$40 million Kilara Growth Fund (KGF) in 2022, recognised as Australia's first climate-focused growth private equity fund. The KGF rapidly deployed A$17 million across four portfolio companies by October 2022. More recently, in 2025, Kilara Capital formed a strategic joint venture with Salter Brothers to establish KSB Sustainable Investments, launching the KSB Transition Fund, which benefits from a combined AUM of over $4.5 billion across more than 10 funds.

The leadership team at Kilara Capital brings extensive experience across finance, renewable energy, and sustainable investment. Ben Krasnostein, the founder and Managing Partner, leads the overall management and strategy. Dougal McOmish serves as a Partner and Chief Investment Officer for the Kilara Growth Fund, overseeing investment origination and execution. Dr Jodi York is the Chief Impact Officer, responsible for leading the firm's robust impact measurement and management practices. Emma Jenkin, also a Partner, has over 20 years of experience in climate investing, deal origination, and portfolio management.