Member-only story
How a “Family of Families” Invests Together to Improve Our World
This week NetJets, the worlds largest private aviation company announced that they had acquired twenty percent of WasteFuel and had committed to buying 100 million gallons of low carbon aviation fuel we will produce from municipal solid waste.
It’s an exciting development — for the over sixty families who are shareholders of i(x)investments (the founding investor in WasteFuel), for the investors in WasteFuel, and for all of us who want aviation — and mobility overall — to decarbonize.
The way it came to happen is a perfect example of the power of the i(x) platform.
We were first introduced to this technology by Alejandro Estrada, and along with Par Lindstrom, CIO at i(x) and Abby Pick started to build it. Several i(x) families invested in it after Steve Oyer, now the CEO of i(x), introduced it to them. Steve is a well known and deeply respected leader in finance and is highly-regarded by family offices in every corner in the world — when he introduces an investment opportunity family offices pay attention.
As we looked to identify cities with large waste crises my wife Evelin Weber suggested…
