Pictet Alternative Advisors has launched a strategy offering investors access to “innovative environmental technology investments across private markets”.
The fund, Pictet Private Assets SICAV – Environment Co-Investment Fund I Eltif, will target 20-25 investments, is based on Pictet’s network of relationships with private equity managers.
The strategy launched by Pictet Group’s wholly owned alternative investment business incorporates the Planetary Boundaries framework, addressing urgent environmental challenges. According to the providers, with the earth exceeding six of nine boundaries, private capital is needed to spur investments in solutions.
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The strategy is classified as an Article 8 fund under the EU’s Sustainable Finance Disclosure Regulation.
The fund focuses on five growth areas: greenhouse gas reduction, sustainable consumption, pollution control, circular economy, and enabling tech. The providers shared that the strategy will follow a co-investment approach, taking minority positions alongside high-quality private equity firms globally.
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Pierre Stadler, head of Thematics PE, commented: “With so much innovation in private companies, and specifically those focused on addressing environmental challenges, we see significant value being created in this theme. Our experienced team is highly selective when choosing where to invest, focusing on businesses with a proven ability to achieve consistent growth and cash flow.”
Nicolas Thomas, thematics principal, added: “As the transition to a more sustainable world constitutes one of the greatest challenges societies have ever faced, companies providing environmental solutions could generate significant financial returns and above-average long-term growth.”
