Natural Capital Investment Alliance
Mobilising $10 Billion Towards Natural Capital Themes
NCIA members have plans to launch a range of closed ended (known target size) and open-ended (no fixed target size) fund strategies. The combination of the disclosed and targeted closed end funds of USD6.5 billion, current size of aligned open ended funds of USD0.9bn, together with the aggregate reasonable expectations for the future size of the 5 planned or developing and 1 already established open-ended funds gives us confidence on the NCIA mobilising more than USD 10 billion towards natural capital themes by the end of 2022.
The solutions devised by members will in many cases mobilise further investment by partners and debt providers. The members are aligned behind the NCIA principles and excited with the prospect of further increasing the scale of natural capital investment and the positive outcomes that this will translate to.
It is the intention to update the below information at the end of June 2022 and also at the end of December 2022 to showcase the progress of members.
Members Activities and Plans
12Tree, planning to launch a closed end fund targeting USD1.5bn aligned to Natural Capital themes
ASN Impact Investors, developing an open-end fund aligned to Natural Capital themes
Climate Asset Management, planning to launch two real asset investment strategies targeting USD1.6bn in aggregate for Natural Capital themes
The International business of Federated Hermes, planning to launch closed end funds aligned to Natural Capital themes with a target of USD500m and also an open-end fund aligned to Natural Capital and biodiversity themes
Fidelity International, planning to launch an open-end fund aligned to Natural Capital themes
Fondaction, recently launched a CAD30m venture capital circular economy fund and target CAD120m for a closed end forestry and agriculture carbon sequestration fund
Foresight, planning a closed-end UK-listed forestry and afforestation fund targeting an initial raise of up to GBP200m
Impax Asset Management, exploring natural capital investment themes
Kilter Rural, planning to launch a new private market closed end fund aligned to Natural Capital themes with a target of USD275m
Lombard Odier, manage the c.USD890m open-ended Natural Capital Strategy and have an additional USD1bn of advanced stage investor pipeline for this fund. Lombard Odier are also planning to launch a private market closed end fund aligned to Natural Capital themes with a target of USD500m
Mirova, have the existing Land Degradation Neutrality Fund that closed with USD208m and plans for further closed-end Natural Capital strategies targeting USD400m.
Posaidon Capital, planning two closed end funds aligned to Natural Capital themes of USD200m-400m and two open-end funds aligned to Natural Capital themes targeting USD300m-600m in their first year.
Sail Ventures, expects to raise USD 200 million for new and existing facilities with a Natural Capital theme in 2022.
Schroders, planning a closed-end private fund targeting over USD300m to protect and develop conservation projects, and an open-ended Circular Economy public-private investment strategy.
SLM Partners, planning a closed-end fund aligned to Natural Capital themes with a target of EUR250m.