Alongside the absolute return strategy, the fund seeks a positive environmental impact by tying a percentage of fund investment to carbon sequestration.
In a letter to investors reviewed by Opalesque, Carbon Cap noted that it benefitted from the upward price movement in several carbon markets.
Carbon Cap’s “Core Long” strategy was diversified across all five carbon markets with overweight positions in the USA markets.
As part of the Paris Climate Accords, countries agreed – at least in theory – to the creation of such a market but have yet to come to an agreement on how it would be built and supervised.
Negotiations with Brazil fell apart at previous talks in Madrid, but the business community in Brazil and abroad has put some pressure on the country to come back to the table.
A recent UN report suggesting that the world is on a path toward 2.7 degrees of warming instead of the 1.5-2 degrees sought by world leaders is setting up COP26 to be a make or break summit.
Michael Azlen, Founder and CEO of Carbon Cap Management, will be speaking about carbon trading and his fund at the upcoming Small Managers – BIG ALPHA Episode 5 webinar on Tuesday, November 30th 10:30 am ET.
Laxman Pai, Opalesque Asia: Nautic Partners has raised $3 billion at its hard cap for its Nautic Partners X private equity fund.
On October 13, 2021, Gurbir Grewal, the SEC’s new Director of Enforcement, announced in a speech that he intends to recommend “aggressive” use of available remedies in enforcement actions, including requiring admissions of wrongdoing in certain cases.
Bailey McCann, Opalesque New York: Venture capital funds worldwide recorded the best performance among all private capital strategies in the first quarter of 2021, according to the latest data from Pitchbook.
Technical analysis, market data or behavioural analysis on their own cannot hope to deliver reliable market predictions.
G., Opalesque Geneva: Trade finance serves as the lifeblood of day-to-day international trade by providing the fluidity and security needed to allow goods and services movement.
Not all of them did so in 2020 when the S&P 500 ended the year up more than 18%.
Bailey McCann, Opalesque New York: Women have taken the brunt of the pandemic in many ways.
Authored by: Germaine Nicole Gurr and Arlene Arin Hahn of White & Case, a global law firm.
On September 13, 2021, the House of Representative Ways and Means Committee introduced tax proposals that, if enacted, would make significant changes to the U.S.
Authored by Oliver Brahmst, Chang-Do Gong, Steven Sha, and Suni Sreepada from White & Case LLP, a global law firm.
Effective August 16, 2021, the Assets-Under-Management Test will increase to $1.1 million, and the Net Worth Test will increase to $2.2 million.
From Reuters: Private equity dealmakers are in two minds.