<span style="line-height: 18.9091px;">Black River’s private equity business has emerged as an employee-owned, standalone investment advisor focused on natural resources-related investments. </span><span style="line-height: 18.9091px;">The new firm, named Proterra Investment Partners, became effective January 1, according to a statement released today. Prior to its launch, the Proterra team managed the Black River private equity business and related funds of Black River Asset Management.</span>