The first investment fund, Vertis Global Carbon Fund, is launched in partnership with Funds Avenue S.A. and Vertis Environmental Finance
LUXEMBOURG, Oct. 16, 2023 /PRNewswire/ -- STX Group, one of the leading providers of environmental commodities and corporate climate solutions, launches first investment fund in partnership with Funds Avenue S.A. and Vertis Environmental Finance. The fund named Vertis Global Carbon Fund will seek to catalyse further investments in carbon compliance markets.
The launch also marks STX Group's entry to the asset management business with its first fund aimed at raising capital for the global compliance carbon markets, and therefore strengthening the Emissions Trading Systems (ETS) flourishing across the world.
The Vertis Global Carbon Fund will leverage on the expertise and experience of Vertis Environmental Finance, an ETS trading house with over 25 years of experience; and STX, one of the leading trading houses in the field of environmental commodities.
Vertis Global Carbon Fund is a response to the growing appetite for investments meeting the ESG criteria, while capturing price appreciation in the global carbon compliance markets. The fund is expected to raise around US$250 million over the next years.
About Vertis Global Carbon Fund
Vertis Global Carbon Fund is a a sub-fund of STX FUND ASSET MANAGEMENT SCA SICAV-RAIF, STX Fund Asset Management SCA SICAV-RAIF, a Luxembourg investment company with variable capital – reserved alternative investment fund (société d'investissement à capital variable – fonds d'investissement alternatif réservé) established under the form of a corporate partnership limited by shares (société en commandite par actions). It qualifies as an alternative investment fund under the EU Alternative Investment Management Fund Manager Directive ("AIFMD") and managed by Funds Avenue S.A. This fund discloses under Article 6 of Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability–related disclosures in the financial services sector (SFDR). Accordingly, the fund does not promote environmental or social characteristics, nor does it have a sustainable investment objective. For further information on sustainability-related aspects (such as the integration of sustainability risk), please refer to the fund's prospectus and the website. The decision to invest in the fund should consider all the characteristics and objectives of the fund as described in the prospectus and website.
>> RELATED: STX Group Launches Working Capital Solution to Accelerate Renewable Energy Transition
SOURCE Funds Avenue S.A
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Latest issues
-
IRS Just Gave Carbon Capture Projects a Longer Runway
Inside This News ⚡ IRS Expands and Extends 45Q Safe Harbor, Offering Long-Term Certainty to Carbon Capture Projects 🌊 South Korea Signs MoU for 320MW Green Hydrogen Complex 🌱 Senken and Carbonsate...
-
45Q Claims Tripled. The IRS Still Can't Prove It's Working.
Inside This Issue 📋 GAO Report Flags Oversight Gaps in 45Q Carbon Capture Credit 💰 Google Opens 2026 R&D Awards Offering $6M+ for Carbon Removal and Superpollutant Research 🌍 NEOM Green Hydrog...
-
Float Glass Finally Gets Its First Carbon Capture System
Inside This Issue 🪟 Cardinal Glass to Deploy World's First Carbon Capture System at Float Glass Plant 🔬 SunHydrogen's Solar-to-Hydrogen Modules Exceed 10% Efficiency in SPARC Testing, Advancing to...
Company Announcements
-
Hazer-KBR Alliance Secures Paid Study with Leading Japanese Power Utility
Highlights Tier-1 Japanese utility enters paid study assessing integration and potential deployment of Hazer technology at 30,000 and 300,000 tonne per annum First KBR-originated paid commerc...
-
Global Power Solutions Advances Modular Hydrogen Power System With Proposed First Equipment Purchase
Vancouver, British Columbia, Aug. 17, 2026 -- Global Power Solutions Corp. (TSXV: PWER) (FSE: NJA) (“Global” or the “Company”) is pleased to announce that it intends to make its first equipment pur...
-
Mombak Beat Google's 2028 Carbon Deadline by Two Years
Mombak delivered more than 21,000 metric tonnes of verified carbon removal to Google, McKinsey, and other buyers in August 2026. Some buyers expected those credits in 2028. The early delivery gives...
-
NextChem will provide licensing, Process Design Package (PDP) and engineering services for the syngas section of Project Lion in North Queensland, leveraging its proprietary NX Circular™ Gasificat...