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
-
This Box Makes Jet Fuel Out of Thin Air
Inside This Issue ✈️ AIRCO's Pennsylvania Hub Makes Jet Fuel from CO2 On-Site 🛡️ Initial Partners Selected in Air Force Geologic Hydrogen Energy Resilience Initiative 🍁 Alberta Releases Updated Qu...
-
They Pulled Hydrogen Straight Out of Rock. A World First.
Inside This Issue 🛢️ No CCUS, No Pipeline: The $100 Billion Bet Behind Alberta's West Coast Oil Route 🌋 GeoRedox and Canada Nickel Launch the World's First Stimulated Geologic Hydrogen Well in Ont...
-
It's Buried. California's First Underground CO₂ Project Goes Live.
Inside This Issue 🏜️ California Resources Corporation Achieves First CO₂ Injection at Carbon TerraVault I, a Major Milestone for Carbon Management in California 💂 Plug and Carlton Power, Barrow Gr...
Company Announcements
-
Hydrogen modules measuring 1.92 m² (20.7 ft²), built with SunHydrogen's latest catalyst integration and coating improvements, installed at UT Austin's Hydrogen ProtoHub, demonstrate efficiencies co...
-
Parties Clarify That the Business Combination Agreement Remains in Full Force and Effect; Form S-4 Registration Statement Expected to Be Filed in the Coming Weeks CALGARY, Alberta -- DevvStream Co...
-
REV Corporate Video: https://youtu.be/biOHmBtI8ns VANCOUVER, British Columbia, June 01, 2026 (GLOBE NEWSWIRE) -- REV Exploration Corp. (“REV” or the “Company”) (TSXV: REVX; OTC: REVFF; FSE: 7FF) i...
-
Valmet and Linde Bring Electric CO2 Capture to Pulp Mills
Pulp and paper mills in the U.S. and Canada emit roughly 144 million metric tonnes of CO2 every year, yet the sector has been almost entirely left out of the global CCS buildout. A new partnership ...