Mon, Mar 27, 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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He