Wed, Jan 29, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Tortoise launches suite of UCITS funds focused on energy transition, sustainable infrastructure and water

Monday, July 29, 2019
Opalesque Industry Update - Tortoise announced the launch of three UCITS funds: the Tortoise Energy Transition UCITS Fund, the Tortoise Sustainable Listed Infrastructure UCITS Fund and the Tortoise Sustainable Global Water UCITS Fund.

These new products are part of the Tortoise Ecofin Platform. The platform houses Tortoise's suite of sustainable and impact products and harnesses years of expertise in infrastructure, water and the transition to cleaner energy through listed and private renewable energy infrastructure investments.

"Our new UCITS funds are borne from our multi-year expertise investing in essential needs for sustainable water and the transition to more sustainable energy sources," said Tortoise Chief Development Officer, Brent Newcomb. "At Tortoise, our focus is delivering investment strategies across essential assets that are making a positive impact on society."

The Tortoise Energy Transition UCITS Fund seeks long-term beneficiaries of the major trends associated with the energy transition. It invests in companies which have secular growth opportunities related to changes in the way energy is produced and consumed.

The fund's objective is to maximise risk-adjusted returns by investing in companies focussed on more efficient use of resources and emissions reduction. The sectors exposed to the energy transition include advanced mobility, energy & industrials, power & energy infrastructure, air & environment, renewable energy, energy efficiency and water.

The Tortoise Sustainable Listed Infrastructure UCITS Fund aims to achieve a high, secure dividend yield on its investment portfolio and to realise long-term growth in the value of the portfolio while taking care to preserve capital.

The fund invests globally in the equity securities of growth-oriented economic infrastructure companies which are delivering increasing cash flows. The portfolio is diversified with respect to geography, sub-sector and investment themes, and it has a positive impact given the strategy's focus on sustainability.

The Tortoise Sustainable Global Water UCITS Fund seeks to invest in companies across the globe and throughout the water value chain that we believe are in a position to benefit from the pursuit to solve the water supply/demand imbalance.

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. PE/VC: Private equity firms are struggling to recruit and retain young talent, AI startup funding hit new high of $26.6bn in 2019, Abu Dhabi invests $16.3m in new batch of innovation-focused startups[more]

    Private equity firms are struggling to recruit and retain young talent From Institutional Investor: Private equity executives at firms of all sizes are trying to figure out how to better attract and retain younger staff, resorting to tactics such as offering free lunches and relaxing thei

  2. New Launches: GoldPoint Partners closes $678m Select Manager Fund, Two Sigma raises nearly $300m for new venture capital fund, Russia to set up $9.6bn infrastructure fund - RDIF's Dmitriev, Axa IM fund taps into Chinese equities, ArcTern Ventures raises $200m cleantech fund, Canapi Ventures launches first $545m fintech venture funds, Private equity firm Goldner Hawn raises $289m for new fund[more]

    GoldPoint Partners closes $678m Select Manager Fund Opalesque Industry Update - GoldPoint Partners announced the successful closing of its fourth fund-of-funds, GoldPoint Partners Select Manager Fund IV, L.P. The Fund closed on $678 million of commitments, a 150 percent increase from its

  3. TCA credit hedge fund shuts amid SEC probe; Investors seek exit, Whistleblowers say Florida investment firm has inflated value, earnings of its main fund[more]

    TCA credit hedge fund shuts amid SEC probe; Investors seek exit From Bloomberg: Florida-based investment firm TCA Fund Management Group Corp. is shutting its main credit hedge fund after the Securities and Exchange Commission probed its accounting and customers moved to withdraw their mon

  4. Investing: JPMorgan takes contrarian view of energy stocks, How Extinction Rebellion's British hedge fund backer profits from 'dirty' firms, Value investing's time is coming again soon[more]

    JPMorgan takes contrarian view of energy stocks From Institutional Investor: JPMorgan Chase & Co.'s asset management group sees investment opportunity in beaten-down energy stocks, a contrarian view as it looks beyond the sector's reputation for "poor capital discipline." "Our portfo

  5. Europe: UK Universities Superannuation to give DC plan access to private markets, Active management drives Industriens Pension's 12% 2019 return[more]

    UK Universities Superannuation to give DC plan access to private markets From CIO: The £68 billion ($88.9 billion) Universities Superannuation Scheme (USS), the UK's largest private pension, will begin allowing members of its defined contribution funds to invest in private market as