MINNEAPOLIS– North Sky Capital (“North Sky”), a pioneer in impact investing, is pleased to announce that Managing Director Danny Zouber has been promoted to Co-CEO. In the newly created role, Zouber will serve alongside fellow Co-CEO Scott Barrington, who has led North Sky since 2005 and with whom Zouber has worked for nearly two decades.
“Danny has been a leader at North Sky from Day 1 and has played a critical role in nearly all our funds, including our 10 impact funds,” said Barrington. “Danny and I have been sharing leadership duties for the last several years as our firm grew and as Danny shouldered more and more of the management responsibility that came with that growth.”
Danny joined the firm in 2006. His responsibilities at the firm have steadily increased over the years, and he has played a pivotal role in fostering North Sky’s culture of innovation, client service and teamwork. Along the way, he helped launch the first cleantech fund of funds in North America (2006), our sustainable infrastructure strategy (2010) and the world’s first impact secondaries strategy in 2013 (where he was the driving force behind its formation). He has been co-head of the secondaries team since inception and has served on the investment committees for every fund in that strategy as well as in North Sky’s infrastructure strategy. He also started the firm’s Low Income Communities initiative in 2020, which allocates new market tax credits to underserved, mostly rural, communities through the firm’s National Impact Fund subsidiary.
Zouber was among the first investors in North America to commit institutional capital to sustainability-focused private market opportunities nearly 20 years ago, alongside his colleagues Scott Barrington, Gretchen Postula, Adam Bernstein, Mike Pohlen and Stefan den Doelder.
Recently, Zouber and Tom Jorgensen, co-head of North Sky’s secondaries strategy, helped raise over $250 million for the firm’s latest impact secondaries fund, Clean Growth VI, which focuses on GP-led and LP-led investments across energy transition, climatech, circular economy, healthy living and related sectors.
“I am honored to help lead this great team and continue to execute on our unique strategies,” said Zouber. “We are helping investors play a substantial role in the transition to a more sustainable future while also staying focused on earning attractive returns.”
Earlier in his career, Zouber served as Vice President of Piper Jaffray Ventures, the healthcare venture capital firm now known as Sightline Partners, and Vice President at Deephaven Capital, where he was a long/short medtech investor. He received his bachelor’s degree in finance, investment & banking from the University of Wisconsin-Madison.
