Sat, May 18, 2013
A A A
Welcome Guest
Free Trial RSS
New! Family Office and Investor Database with 11,750 contacts
Industry Updates

Sustainable Capital to launch Shariah compliant agro forestry and sustainable resources fund

Wednesday, July 11, 2012
Opalesque Industry Update - Sustainable Capital S.A., Luxembourg, today announced the imminent launch of a new agro forestry and sustainable resources investment fund “The Sustainable Resources Fund” (The Fund). The initial offering period commences on 23rd July 2012.

The Agro Forestry sector is now well recognised as an asset class investment, and is advantageously not correlated to equities, giving well informed investors interesting opportunities in natural resources.

As Investment Advisor to The Fund, Sustainable Capital S.A. has the objective to provide good capital growth by investing in a portfolio of forestry, agriculture, biomass, farmland and other sustainable resource assets globally.

The Fund is Shariah Compliant and will be investing in diversified projects, mixing high margin growth in Asia & Africa with mature cash generating projects in North America and Europe. The Fund will not seek to raise debt finance, nor will any interest be paid to investors.

“All projects will be required to pass strict ethical, environmental and commercial due diligence tests”, announced Michael Young, Fund Advisor to The Sustainable Resources Fund, “as well as the additional strict Shariah Investment principles”.

The Sustainable Resources Fund “will include a percentage of listed equities to provide additional liquidity for the Investment Advisor and fund investors” stated Young “the target return, net of fund fees, is at least 15% per annum”.

(press release)

The Sustainable Resources Fund is a sub-fund to the Amiri Shariah Investment Platform which is a Luxembourg-registered “Société d’Investissement à Capital Variable” organised under Luxembourg Law of 13th February 2007 relating to specialised investment funds (SICAV-SIF) and regulated by the “Commission de Surveillance du Secteur Financier” (CSSF), the Luxembourg financial services authority. www.srfund.lu

Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
Today's Exclusives Today's Other Voices Banner More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Goldman offers hedge funds to the 99%[more]

    From TheStreet.com: Goldman Sachs said Thursday it is bringing the sophisticated trading strategies of Wall Street hedge funds to individual investors with investment portfolio's and retirement accounts as small as $1000. The bank's investment management unit, Goldman Sachs Asset Management, i

  2. Opalesque Exclusive: New research examines quantitative trend following as an equity risk hedge[more]

    Bailey McCann, Opalesque New York: New research from Nigol Koulajian founder and CIO, and Paul Czkwianianc, Head of Research at Quest Partners, a New York-based systematic fund, looks at how quantitative trend following could be used

  3. People – Jupiter switches lead manager on alternative UCITS fund, Dr. Dermot F Smurfit appointed as Chairman of the ML Capital Group[more]

    Jupiter switches lead manager on alternative UCITS fund From Citywire.co.uk: Jupiter has named Mike Buhl-Nielsen as lead manager on its Europe-focused long/short equity fund, the asset management company has announced… Full article:

  4. Launches – Blackstone preparing launch of ‘super’ hedge fund, Paulson said to team with insurer for new low-tax merger fund[more]

    Blackstone preparing launch of ‘super’ hedge fund From FT.com: Blackstone is preparing to launch a “super” hedge fund to cherry-pick the best trades from the hundreds of third-party hedge funds it invests with, in an effort to try to recapture the outsize returns the $2tn industry was on

  5. A Cat Bond Fund: Source of uncorrelated returns (independent of financial markets) Strategic inclusion in a portfolio - could lower the portfolio's volatility, dampen its risk profile