Venture Capital

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Builders Private Capital (S2G Ventures)

Builders Private Capital traces to 2014 when Lukas Walton established the vehicle to align Walton family resources with system-level objectives in climate and...

Builders Private Capital (S2G Ventures) logo

Builders Private Capital (S2G Ventures)

Builders Private Capital traces to 2014 when Lukas Walton established the vehicle to align Walton family resources with system-level objectives in climate and food. The structure sits alongside Builders Vision and draws from the Walmart fortune built by Sam Walton. The firm mixes venture capital, direct co-investments, infrastructure and natural resources. It targets growth and seed stages in AgriTech & FoodTech, ClimateTech and Energy Transition & Renewables. Confirmed holdings include Clear Frontier Farmland in the United States and 80 Acres Farms facilities in Hamilton, Ohio. Additional exposure runs through 38 Degrees North projects and a Bahamas debt-for-nature swap. Geographic reach covers North America, Europe, Asia and the Middle East & Central Asia. Deployment totals 2.4 billion dollars. The team maintains headquarters at 167 N Green Street in Chicago. Adjacent vehicles include the Builders Initiative Foundation and the Walton Family Foundation Environment Program. Club ties extend to the Dynamo Energy Hub. The architecture separates philanthropic structures from investment mandates while allowing mission-related capital to flow into private credit and secondaries. This setup lets the office pursue both financial returns and measurable environmental outcomes without commingling family office and foundation books.

General information

Firm type

Venture Capital

Year founded

2014

AUM

2.4B (Altss estimate)

Location

Region

North America

Country

United States

City

Chicago

Corporate office

Chicago, IL, United States

Principals

Sanjeev Krishnan

Chief Investment Officer and Managing Partner at S2G Investments

Chuck Templeton

Managing Partner at S2G Investments

Altss tracks 2 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.

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Sector focus

AgriTech & FoodTechClimateTechEnergy Transition & RenewablesWaterTechCircular Economy

Frequently asked questions

Who runs investment decisions at Builders Private Capital?

Sanjeev Krishnan serves as Chief Investment Officer and Managing Partner. Chuck Templeton acts as Managing Partner. Lukas Walton sets overall direction as founder.

How does Builders Private Capital source proprietary deal flow?

The firm leverages Walton family networks and sector relationships in agriculture and energy. It also participates in club platforms such as the Dynamo Energy Hub.

Is Builders Private Capital structured as a single family office or does it operate more like a venture firm?

It functions as a multi-family office. The vehicle deploys capital through venture strategies, direct co-investments and infrastructure holdings rather than limiting activity to internal family assets.

Does Builders Private Capital participate in fund commitments or only direct deals?

It uses alternative VC models, direct co-investments via SPVs, infrastructure and natural resources. Fund commitments appear alongside direct positions.

What investment stages does Builders Private Capital typically target?

The firm focuses on growth, seed and venture capital stages. It also executes in private credit and secondaries when opportunities align with sector transitions.

Where does the underlying wealth come from?

The capital originates from the Walton family’s Walmart legacy. Lukas Walton directs deployment through Builders Private Capital and Builders Vision.

Does Builders Private Capital maintain philanthropic structures, and how are they separated?

It maintains the Builders Initiative Foundation and works with the Walton Family Foundation. Investment and grant-making activities run through distinct legal entities.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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