# Inclusive Capital Partners

Inclusive Capital Partners is a Hedge Fund Manager based in San Francisco, United States.

## Overview

- **Organization type:** Hedge Fund Manager
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** San Francisco, CA, United States
- **Founded:** 2020
- **Assets under management:** Undisclosed
- **Website:** inclusivecapital.com
- **LinkedIn:** https://www.linkedin.com/company/inclusive-capital-partners

## Regulatory record

- **CRD number:** 309419
- **SEC file number:** 801-118967
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/309419

## About

Inclusive Capital Partners is an SEC-registered investment adviser in San Francisco, CA, registered since 2020. The firm manages $591 million in regulatory assets. It has 4 employees and 3 investment advisers.

## Sectors

- Energy Transition & Renewables
- ClimateTech
- AgriTech & FoodTech
- Financial Services

## People

- Lynn Forester de Rothschild — Founder and Managing Partner

## Questions

### How does Inclusive Capital Partners source its deals?

The firm sources through a combination of direct corporate engagement, policy networks, and relationships cultivated by Forester de Rothschild across business and government circles. It does not operate a traditional deal-sourcing funnel of bankers or placement agents. Public filings show the firm often approaches management teams privately before escalating to public activist campaigns.

### Which sectors does Inclusive Capital Partners explicitly avoid?

Forester de Rothschild has publicly stated the firm will not invest in tobacco, thermal-coal extraction, or for-profit prison operators. It also avoids sectors where engagement on ESG principles is structurally impossible, such as weapons manufacturing. The firm's exclusion list aligns with the Norwegian sovereign wealth fund's negative screening.

### How is Inclusive Capital Partners related to the Rothschild family's other investment entities?

Inclusive Capital Partners is legally separate from RIT Capital Partners and Rothschild & Co, the better-known family-linked institutions. Forester de Rothschild's earlier entity, E.L. Rothschild, held investments in The Economist Group and other private assets, but Inclusive Capital was launched as an independent venture with its own governance. No shared balance sheet or pooled family capital has been disclosed.

### What is Inclusive Capital's posture on co-investments alongside external GPs?

The firm has not indicated an interest in co-investing as a limited partner alongside other general partners. Its activist model is built on direct ownership and unilateral engagement with management. To date, all disclosed positions have been taken independently without club-deal structures or co-investor coalitions.

## Related profiles

- [Momentum Venture Capital](https://altss.com/profile/momentum-venture-capital)
- [SaaS Capital](https://altss.com/profile/saas-capital)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/inclusive-capital-partners

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology