Choate represented Ecosystem Investment Partners, an environment-focused private equity firm, in the formation of Ecosystem Investment Partners V, L.P., which closed with over $400M of capital commitments. Consistent with the strategy of EIP’s prior funds, EIP V will expand its investments in large-scale wetland, stream, water quality, biodiversity, and habitat mitigation and restoration projects across the U.S. The fund received support from both new and existing limited partners across the U.S. and in Europe, including public and corporate pension funds, endowments, family offices, and other institutional investors. Ecosystem Investment Partners is one of the largest investment managers with dedicated expertise in environmental restoration and an extensive track record of investments in the natural capital sector, with nearly $1.5B of total capital raised since the firm’s founding in 2006.