Privium Fund Management has launched the Privium Sustainable Alternatives Fund, which aims to achieve long-term capital growth by investing in investment funds focused on sustainable alternatives.
This includes micro finance funds and sustainable real estate.
The fund is structured as a Fund For Joined Account (FGR), domiciled in The Netherlands and registered with the Autoiteit Financiele Markten (AFM).
Privium has appointed Triodo MeesPierson Sustainable Investment Management BV as the fund’s investment advisor. Since launch in September, the fund has already received subscriptions totalling more than EUR215 million.
Mark Baak, director at Privium Fund Management, says: “We are excited to offer this efficient way of investing in sustainable alternatives. Given the track record and expertise in sustainable investing that Triodo MeesPierson brings, we are able to start with a portfolio that has proven to be a solid mix between the sustainable view used to select investments and the returns on those investments.”