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Green Eight Capital, Dennis Muilenburg Launch Mission-Driven Aerospace Fund
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Rhea-AI Summary
Dennis Muilenburg, the former CEO of Boeing (NYSE: BA), joins Green Eight Capital AG's Board of Directors to lead the new Aerospace Innovation Fund. This fund aims to invest in aerospace sectors to enhance supply chains and promote technological advancements. Muilenburg brings over 35 years of experience and previously launched initiatives at Boeing to foster entrepreneurship. He believes the aerospace industry can drive economic growth and innovation. Green Eight is currently raising capital for the fund and plans to expand its leadership team.
Positive
Dennis Muilenburg's extensive experience in aerospace could enhance investment strategies.
The Aerospace Innovation Fund targets a need for improved supply chains and technological innovation.
Green Eight Capital aims for competitive financial returns while supporting innovative aerospace companies.
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Former Boeing CEO joins private investment firm to help lead newly formed Aerospace Innovation Fund as differentiated source of capital, partner to global aerospace and defense industry
ZURICH--(BUSINESS WIRE)--
Green Eight Capital AG, a mission-driven private investment firm, announced today that Dennis Muilenburg, former CEO and Chairman of The Boeing Company (NYSE: BA), has joined its Board of Directors, helping launch the company’s new Aerospace Innovation Fund.
As Green Eight Capital’s second private markets fund, the Aerospace Innovation Fund will direct capital into aerospace and aerospace-adjacent industries to address a global need for reconstituted supply chains, resilient industrial bases, and foundational technologies with the aim of delivering positive impact and generating competitive financial returns for clients.
Mr. Muilenburg will actively support the Aerospace Innovation Fund investment team while also steering Green Eight Capital and supporting the success of its portfolio companies.
“We are excited to have Mr. Muilenburg join us,” said Philipp Maurer, CEO of Green Eight Capital. “He brings more than 35 years of aerospace industry experience and shares our vision of an industry that can—when the right companies get proper backing—be a pillar of future economies, technologies, and livelihoods.”
Mr. Muilenburg served as CEO of The Boeing Company from 2015 to 2019 and championed entrepreneurship at the company with the launch of both HorizonX and NeXt. In addition, he served on the Board of Directors of Caterpillar Inc. (NYSE: CAT) and sat as Chairman of the Aerospace Industries Association’s Board of Governors.
“Building on my experience at Boeing, I wanted to focus on investing in people and how aerospace innovation could solve many of the issues the world is facing,” Muilenburg said. “This sector is technology-rich with great entrepreneurs, leading-edge talent, and quality businesses—all ready to tackle today’s challenges and create extraordinary opportunities for the future. Green Eight is in a strong position to identify top companies and help them push the envelope for growth and purpose while simultaneously rewarding like-minded investors.”
Green Eight is continuing to raise capital for the Aerospace Innovation Fund and will be announcing further additions to its leadership team and Board of Directors. For more information, please reach out to IR@g8c.com.
About Green Eight Capital
Founded in 2018 as a spinoff from Deutsche Bank, Green Eight Capital is a mission-driven private markets investment firm. The company recently launched the stage-agnostic Aerospace Innovation Fund, a Luxembourg RAIF, to act as a partner to cutting-edge aerospace and defense companies while also generating competitive financial returns for clients. Green Eight Capital has offices in Zurich and New York. To learn more, please visit www.g8c.com.
Who is Dennis Muilenburg and what is his role at Green Eight Capital?
Dennis Muilenburg is the former CEO of Boeing and has joined Green Eight Capital's Board of Directors to help lead the Aerospace Innovation Fund.
What is the focus of the Aerospace Innovation Fund launched by Green Eight Capital?
The Aerospace Innovation Fund focuses on investing in aerospace and adjacent industries to enhance supply chains and support technological advancements.
How does Dennis Muilenburg's experience benefit the Aerospace Innovation Fund?
Muilenburg's 35 years of aerospace experience can provide valuable insights and guidance for identifying promising companies and investment opportunities.
What companies are associated with the Aerospace Innovation Fund?
The fund aims to partner with cutting-edge aerospace and defense companies to drive innovation and deliver competitive financial returns.
Is Green Eight Capital raising additional capital for the Aerospace Innovation Fund?
Yes, Green Eight Capital is continuing to raise capital for the Aerospace Innovation Fund.