Fri, Feb 24, 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. Opalesque Exclusive: Swiss investors take fund seeding and acceleration into their own hands[more]

    Benedicte Gravrand, Opalesque Geneva: Banque Bonhote, a 200-year old Swiss private bank, last year launched a community of investors - heads of Swiss family and advisory offices and wealth managers - with the aim of co-investing in the kind of managers they wanted to invest in, either by way of s

  2. K2 Advisors : Why We Like Activist Hedge Fund Strategies and Some Thoughts on Alpha[more]

    Matthias Knab, Opalesque: Rob Christian, Senior Managing Director, Head of Research K2 Advisors, Franklin Templeton Solutions, writes on Harvest Exchange: When d

  3. Ex-Navy SEAL backed by Mario Gabelli, Jean-Marie Eveillard and other value giants off to strong start[more]

    From Valuewalk.com: Sententia Capital Management is not your average value focused hedge fund. The fund was founded by Michael Zapata, a former Navy Seal Team 6 Officer and has attracted funding from some of the best-known names in the value space. Mario Gabelli, Jean-Marie Eveillard from First Eagl

  4. Europe - 1 trillion euro non-performing loans are clogging EU lending channels[more]

    From Centralbanking.com: As much as 1 trillion euro of non-performing loans (NPLs) are still clogging the lending channel in the European Union. An EU asset management company (AMC) could address market failures in the secondary market for NPLs as part of a suite of measures designed to tackle the b

  5. Investing - Hedge funds' novel approach: investing for longer at lower returns, U.S. hedge fund Delta Partners lifts stake in Bellamy's, Hedge funds stockpile cobalt, electric carmakers on battery alert, Facebook is racking up the likes among the world's biggest hedge funds, Einhorn affirms gold on Trump uncertainty[more]

    Hedge funds' novel approach: investing for longer at lower returns From FNLondon.com: Hedge funds are known for making short-term bets, dipping quickly in and out of markets to take advantage of swings in prices. But, under pressure to innovate, some big-name managers are looking at ways