Fri, Jan 20, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Commodity firm Diapason launches fund based on tangible forestry assets

Monday, May 20, 2013
Opalesque Industry Update - Diapason Commodities Management, one of the largest independent commodity investment firms globally, announced it is to launch the ForestCare Investment Fund, an institutional product investing in tangible forestry assets.

The ForestCare investment universe will cover forest plantations and resulting activities and services such as forest management, wood production and processing, and all investments will be subject to a strict Environmental, Social and Governance (ESG) filter prior to being included in the portfolio.

The fund will take a multi-asset class approach, investing in equities, bonds, forest plots, and forest-related derivatives. Forest plots will form up to 20% of the portfolio where revenue will come from both forestry products and capital gains, and will include plots or land leases exclusively in Europe (land partially or totally covered by forest) to take advantage of the comparatively low levels of private forestry investment in this region.

As well as the ownership and operation of European forest plots, the fund will also invest in shares and bonds of companies operating responsibly in the forestry industry, as well as bonds of public and private sector debtors issued to finance projects in this sector. Also included will be forest-related derivatives and other investment instruments related to the forestry theme, including biodiversity credits, credits related to mitigating deforestation (REDD credits) and carbon credits.

Mark McDonnell, Managing Director of Diapason Commodities Management commented “ForestCare is a completely new way of approaching investment in forestry and with our approach to bio-diversity in forests this investment opportunity has forest sustainability at its core. Crucially, the fund is structured to reconcile economic profitability with the need to make intelligent use of natural resources - providing investors with a diversified portfolio which is uncorrelated with other asset classes”. ForestCare is aimed at the pension fund and institutional investor market and will have three monthly liquidity and a minimum investment of €125,000 for the A class and €1,000,000 for institutional (I) class.

Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  2. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  3. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee

  4. Macro hedge funds and CTAs outperform in December on strong dollar[more]

    Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik

  5. Opalesque Exclusive: Roxbury credit events UCITS gathers more assets[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised