Closed Loop Partners’ 2025 Impact Report: 20…

New York, NY, September 15, 2026 - Closed Loop Partners today released its 2025 impact report, Built to Last: The Circular Path to Enduring Growth, marking a pivotal year in the firm's more than decade-long push to build more resilient domestic material supply chains through a circular economy.

Closed Loop Partners' 11^th annual impact report is released amid shifting global supply chains. 2025 was marked by challenging and volatile material sourcing, driven by geopolitical shifts and increasingly concentrated material supplies. Closed Loop Partners' impact numbers underscore the importance of circularity in securing critical industrial resources, and the resilience of the firm's thesis amid market shifts: to build durable infrastructure and technology that keep valuable materials in use and reduce reliance on extracted resources.

Since Closed Loop Partners' inception in 2014 to year-end 2025, the firm's 138 investments in circular companies and projects^A across five continents, 10 countries and 29 U.S. states have kept nearly 20 billion pounds of materials in circulation^B. This is equivalent to over $7.5 billion worth of materials and products circulated, and over 33 million metric tons of greenhouse gas emissions avoided--demonstrating the economic and environmental impact of investments in the circular economy.

As artificial intelligence integration accelerates across all sectors of the global economy, driving the build-out of data centers, spurring renewable energy infrastructure, transforming manufacturing systems, and spiking demand for critical materials ranging from aluminum and water to food-systems inputs and rare earth minerals, Closed Loop Partners highlights its full-year 2025 impact outputs, building on over a decade of work in resource efficiency and supply chain resilience, to advance the circularity of five material streams:

• Plastics & Packaging: New investments in recycling infrastructure and recovery systems that keep polymers and other packaging materials, including fiber and aluminum, in circulation
• Food & Agriculture: Capital deployed to scale infrastructure that redirects organic waste into productive use and strengthens food-system supply chains
• Metals & Minerals: Acquisitions and investments in critical minerals and metals recovery, including IT Asset Disposition solutions, to reduce reliance on newly mined material
• Textiles: Continued growth of supply chain solutions to increase the recovery and reprocessing of apparel and textiles
• Water: Investments in solutions that improve water efficiency and resilience across industrial, municipal and built environment systems

"With the support of our partners and through the work of our investments, industry collaborations and infrastructure operations, the impact we have achieved to date is a testament to circularity's central role in driving economic and environmental resilience," says Ron Gonen, founder & CEO of Closed Loop Partners. "By maximizing the value of materials already in use, we are helping enable greater adaptability amid supply chain shifts, and more enduring growth through market cycles."

With its network of investors and partners, including Fortune 500 corporations, leading financial institutions, major family offices, and industry experts and innovators, Closed Loop Partners advanced its materials-first approach to circularity, unlocking significant impact across its three businesses:

1. Closed Loop Capital Management: An investment firm managing venture capital, private equity, and catalytic capital & private credit strategies

• 138 investments made across the circular economy landscape as of year-end 2025^A
• 7 billion pounds of materials kept in circulation as of year-end 2025^B, equivalent to over $7.5 billion worth of valuable materials and products kept in circulation
• 2 million metric tons of greenhouse gas emissions avoided as of year-end 2025

1. Closed Loop Center for the Circular Economy: An innovation center that partners with leading global organizations to solve pressing material challenges

• 4 industry-leading consortia convened to accelerate circular solutions
• 120+ cities engaged through reuse campaigns

1. Closed Loop Builders: An operating group that incubates, builds and scales circular economy infrastructure, including one of the largest private circular economy services providers and recycling companies in the U.S.

• 38 facilities in operation across 12 states^C
• 5+ million tons of materials managed annually^C
• 7 million households served annually^C

"Fourteen years ago, our team that became Closed Loop Partners recognized the value of the circular economy. Now, we are seeing circularity become central to how global supply chains are shifting, rebuilding systems that offer greater resilience and enabling infrastructure that companies and communities can rely on," says Gonen. "Over the decades ahead, we look forward to continuing our work to scale circularity: building more facilities, accelerating more capital and leading partnerships that put circularity at the center of U.S. industrial supply chains."

A. Investment count reflects total investments made from inception to 12/31/25. Certain investments have been exited during this time period. This count includes repeat investments into existing portfolio companies or multiple loans to one project.

B. Pounds of materials kept in circulation through portfolio company operations at different stages of the circular supply chain, including but not limited to collection, sortation, processing, end manufacturing, composting, anaerobic digestion or enabling technologies.

C. Data is as of 12/31/25.

About Closed Loop Partners

Closed Loop Partners is at the forefront of building the circular economy, comprised of three distinct businesses that create a platform for systems change: an investment group, Closed Loop Capital Management; an innovation center, the Closed Loop Center for the Circular Economy; and an operating group, Closed Loop Builders. Founded in 2014, the firm's mission is to drive value and sustainable profitability by scaling businesses that advance the transition to a circular economy, generating net-positive environmental and social outcomes.

Closed Loop Capital Management manages venture capital, private equity and catalytic capital & private credit investment strategies on behalf of global corporations, financial institutions, and family offices. The Closed Loop Center for the Circular Economy helps global brands, retailers and manufacturers solve their most pressing material challenges. Closed Loop Builders incubates, builds and scales circular economy infrastructure and solutions across the U.S.

Closed Loop Partners is based in New York City and is a registered B Corp. For more information, please visit www.closedlooppartners.com.

Disclosure

This publication is for informational purposes only, and nothing contained herein constitutes an offer to sell or a solicitation of an offer to buy any interest in any investment vehicle managed by Closed Loop Capital Management or any company in which Closed Loop Capital Management or its affiliates have invested. An offer or solicitation will be made only through a final private placement memorandum, subscription agreement and other related documents with respect to a particular investment opportunity and will be subject to the terms and conditions contained in such documents, including the qualifications necessary to become an investor. Closed Loop Capital Management does not utilize its website to provide investment or other advice, and nothing contained herein constitutes a comprehensive or complete statement of the matters discussed or the law relating thereto. Information provided reflects Closed Loop Capital Management's views as of a particular time and are subject to change without notice. You should obtain relevant and specific professional advice before making any investment decision. Certain information on this Website may contain forward-looking statements, which are subject to risks and uncertainties and speak only as of the date on which they are made. The words "believe", "expect", "anticipate", "optimistic", "intend", "aim", "will" or similar expressions are intended to identify forward-looking statements. Closed Loop Capital Management undertakes no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future developments or otherwise. Past performance is not indicative of future results; no representation is being made that any investment or transaction will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided.