Serhat Aydogdu

Private Equity & Infrastructure Investor

London Area, United Kingdom

About

Investment professional with 17 years across climate private equity, infrastructure, and growth equity in global markets. Currently at LeapFrog Investments on the climate team (LCF), sourcing, executing, and managing investments across energy transition, and climate infrastructure. Prior experience spans the full investment lifecycle: origination through exit across multiple fund strategies and geographies. Previous roles include Just Climate (Al Gore’s climate investment platform), Seaya (Spain-based VC), D4 Ventures, and investment banking at Goldman Sachs in renewables and infrastructure. Deep sector expertise in renewable energy project finance, IPP developer valuations, distributed energy resources, industrial decarbonisation, and climate-tech growth investing. Author and host of “The Curious Learners”, a blog and podcast exploring the energy transition.

Experience

  • Private Equity & Infrastructure at LeapFrog Investments
    2025 – Present

    Leads global deals for the climate investment strategy at LeapFrog.

  • Director, Private Equity & Infrastructure at Just Climate
    2023 – 2025

    Climate infrastructure and growth equity investments

  • Director, VC and Growth Equity at D4 Ventures
    2021 – 2023

    Launched and led D4 Ventures, the direct investment platform of the Dogan Family Office. Developed and executed the fund’s investment strategy across sustainability-tech, fintech, and digital assets. Led both direct and fund investments. Advised the parent group on investment strategy and executed several strategic direct investments. Select investments: Abhi, Banxware, Craftgate, Helius, Navro, Vinter (exited)

  • Director, Private Equity & Infrastructure at Centricus
    2019 – 2021

    Led investment processes in fintech, deep-tech, infrastructure and media investments. Structured and executed transactions with a total potential deal value exceeding $30 billion, including equity, debt, mezzanine financing, and structured finance. Raised capital for individual deal SPVs and structured unique joint venture partnerships. Investments in Exyn Technologies and Virtualitics

  • VP, Infrastructure Investment Banking at Goldman Sachs
    Oct 2014 - Oct 2019 · 5 yrs 1 mo

    Corporate finance, capital markets and principal investing transactions in renewables and infrastructure sectors. Covered the whole of EMEA region Led / worked on transactions with a total deal value of over $50bn Built complex financial / operational models for renewable assets, regulated / unregulated infrastructure companies, and ports Great understanding of power markets across Europe, including demand / supply dynamics, load duration curve, carbon markets, spark / dark spreads Sustainable energy transition June - August 2013: Summer Associate July 2014 - Dec 2017: Associate Jan 2018 - 2019: Vice President