Kinderhook Capital announced the closing of a $1bn continuation fund dedicated to backing Ecowaste Solutions, the waste‑management specialist. Goldman Sachs Alternatives and Apollo 3 joined Kinderhook as anchor investors, providing the capital needed to extend the firm’s growth runway and preserve existing ownership stakes while supporting its next phase of expansion.

Continuation funds have become a go‑to tool for private‑equity houses when portfolio companies outpace the original investment horizon. By rolling over equity, Kinderhook can keep Ecowaste Solutions under its strategic umbrella while giving limited partners liquidity. The move reflects strong confidence in the firm’s recycling technology and expanding regulatory tailwinds.

Investors will watch Ecowaste Solutions’ ability to scale its collection network across North America and to monetize recovered materials. Success could position the company for a future public listing or a strategic sale to a larger environmental services player. Kinderhook’s continued backing signals its bet on sustainable waste solutions.