CF Partners, the trading and investments firm, has expanded its main trading entity to include investments in commodities across the energy complex.
To reflect this expansion CF Partners is changing the name of the fund from CF Carbon Fund II to CFP Energy Limited.
CFP Energy will leverage CF Partners’ experience in the carbon and wider energy markets to transact in commodities including oil, gas, coal and power.
The fund’s diversification is part of CF Partners wider strategy of building on its core expertise in carbon to roll out new products that meet the growing demand from clients for broader access to the commodities markets.
To date, CFP Energy has invested in 57 renewables projects located in China, South East Asia, India, Eastern Europe and South America. The company holds over 45 million contracted Certified Emission Reductions (CERs) worth in excess of EUR120m.
As part of CF Partners’ expansion it has added significant resources to its trading and investment team over recent months and plans to launch a second commodities focused investment vehicle later this year.
Jonathan Navon, founding partner of CF Partners, says: “The strong performance of what is now called CFP Energy is enabling us to expand the firm with new hires and new products. We are constantly looking at new ways to better meet our clients’ needs and the expansion of our fund to transact in commodities across the energy complex, mirroring the wider diversification seen in our business as a whole, further demonstrates our commitment to our clients and the successful execution of our growth strategy for the company.”