• Strategic Hire: Jean Rogers, founder of SASB and ex-Blackstone exec, joins Pegasus to drive sustainable investment growth in climate and infrastructure.
• Blended Finance Focus: She will help scale Article 9-aligned funds and lead investment strategy for major UN-backed climate and ocean funds.
• Emerging Markets Growth: Pegasus aims to create 20,000 jobs, deliver 1.8B kWh of clean energy, and cut 80M tons of emissions in the Global South.

Jean Rogers, a leading voice in sustainable finance and former Blackstone executive, has joined Pegasus Capital Advisors as Senior Operating Advisor. Her appointment marks a strategic move by Pegasus to scale its impact investments in emerging markets, especially across energy, agriculture, water, and ocean systems.

Rogers is best known as the founder of the Sustainability Accounting Standards Board (SASB) — now part of the International Sustainability Standards Board (ISSB) — and was instrumental at Blackstone in steering over $12 billion into climate and energy transition projects.

“Jean helped set the global standards for sustainable investing and moved billions of dollars into energy, climate, and infrastructure projects,” said Craig Cogut, Founder and Chairman of Pegasus Capital Advisors.

At Pegasus, Rogers will serve on the investment committees for two flagship blended finance vehicles: the Subnational Climate Fund and the Global Fund for Coral Reefs. Both are aligned with Article 9 of the EU Sustainable Finance Disclosure Regulation, which represents the highest standards for sustainable investment.

“Pegasus Capital has been working in emerging markets to strengthen agriculture, energy infrastructure, water systems, and ocean health — while creating value for investors and jobs for communities — for decades, not just making promises,” said Rogers. “They put the unique needs of each development project first, not the limits of a fund, which is rare.”

Pegasus is the only private equity firm with a partnership agreement with the UN Development Program (UNDP), giving it a unique advantage in local execution and governance in the Global South.

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The firm’s recent $20 million capital infusion into the Subnational Climate Fund targets high-impact outcomes:

• 1.8 billion kWh of renewable energy generation annually
• 20,000 new jobs
• Positive impact on 17 million lives
• A reduction of 80 million tons of GHG emissions

“At Pegasus, we’re about two things: generating great returns for our LPs and great impact for communities around the world,” said David Cogut, Co-Managing Partner at Pegasus Capital. “Jean brings world-class leadership in sustainable finance and governance.”

Rogers also brings board-level experience from organizations such as The Jane Goodall Institute, Woodwell Climate Research Center, and Xpansiv. She has been named among Barron’s Top 20 Influencers of Sustainable Investing and was honored as an INSEAD Society of Progress Medal Laureate.

She joins a team of distinguished advisors at Pegasus, including:

• Gina McCarthy, former White House National Climate Advisor
• Terry Tamminen, ex-Secretary of California EPA
• Paola de Almeida, former Chief Innovation Officer at Mars, Inc.

“I’m excited to help scale this important work in sustainable development and energy transition in the Global South at this defining moment of critical demand, thematic tailwinds and diversification benefits for investors,” Rogers added.

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