Link to full Press Release: Rockefeller Launches Climate Solutions UCITS
NEW YORK–(BUSINESS WIRE)–On December 9, 2020, Rockefeller Asset Management (RAM), a division of Rockefeller Capital Management, launched its third equity UCITS fund, the Rockefeller Climate Solutions Fund. This expands the firm’s spectrum of sustainable investment solutions, including US and Global ESG equity strategies, all available to the European market through the Rockefeller Capital Management UCITS ICAV platform.
RAM, in collaboration with The Ocean Foundation (TOF), established the Climate Solutions Strategy nearly nine years ago based on the belief that climate change will transform economies and markets through changing regulation, shifting buying preferences from next-generation consumers, and technological advancements. This global strategy deploys a high conviction, bottom-up approach to investing in companies with meaningful revenue exposure to key environmental sectors such as renewable energy, energy efficiency, water, waste management, pollution control, food & sustainable agriculture, healthcare mitigation, and climate support services. The portfolio managers believe that companies producing climate mitigation and adaptation solutions will outperform broader equity markets over the long-term. The Climate Solutions Strategy, which is only now being broadly marketed to outside investors, outperformed the MSCI ACWI Index by 18.59% (on a net basis) in 2020 and 4.27% annualized over the past 5-years.
Rockefeller Climate Solutions UCITS is co-managed by Casey Clark, CFA, and Rolando Morillo, who lead RAM’s thematic equity strategies, leveraging the intellectual capital built from RAM’s four decades of ESG investing experience. Since the inception of the Climate Solutions Strategy, RAM has also benefited from the environmental and scientific expertise of The Ocean Foundation (TOF), a non-profit dedicated to conserving ocean environments around the world. Mark J. Spalding, the President of TOF, and his team serve as advisors and research collaborators to help bridge the gap between science and investing and contribute to the strategies, idea generation, research, and engagement process.
Rockefeller Climate Solutions UCITS is available to institutional and retail investors in certain European markets, featuring a founders’ share class with favorable economics and terms for select early-stage investors, and is available for passporting into many European countries.
RAM leverages the relationships of Hyde Park Investment Ltd for Europe and Archipelago Partners in the Nordic region for targeted capital raising.
About Rockefeller Asset Management (RAM)
Rockefeller Asset Management, a division of Rockefeller Capital Management, offers global, U.S., non-U.S., and environmental, social and governance (“ESG”) equity strategies, as well as a range of tax-exempt and taxable fixed income strategies, serving institutions, high net-worth individuals and families. With over 30 years of experience in global investing, we pair our distinctive worldview and long-term investment horizon with thorough fundamental research combining traditional and non-traditional analysis. We offer strategies that seek to outperform benchmarks over multiple market cycles, driven by a disciplined investment process in a highly collaborative team culture. As of December 31, 2020, Rockefeller Asset Management had $11.2B in assets under management. For more information visit https://rcm.rockco.com/ram.
About The Ocean Foundation
The Ocean Foundation (TOF) is an international community foundation based in Washington D.C., established in 2003. As the only community foundation for the ocean, its mission is to support, strengthen, and promote organizations dedicated to reversing the trend of destruction of ocean environments around the world. This model enables the foundation to serve donors (expert management of a portfolio of grants and grantmaking), generate new ideas (develop and share content on emerging threats, potential solutions, or better strategies for implementation), and nurture implementors (help them be as effective as they can be). The Ocean Foundation and its current staff have been working on ocean and climate change issues since 1990; on Ocean Acidification since 2003; and on related “blue carbon” issues since 2007. For more information visit https://oceanfdn.org/.
About Hyde Park Investment
Hyde Park Investment was founded in 2004. We market investment funds to European institutional investors. Our firm has become one of the leading groups for distribution of traditional ESG and alternative funds to institutional investors; we offer truly pan-European coverage with offices in London, Madrid, Malta, and Paris. Archipelago Partners is Hyde Park’s partner in the Nordics. https://hydeparkinvestment.com/
About Archipelago Partners
Archipelago Partners provides investors access to international asset managers by promoting select traditional and alternative managers’ Funds and discretionary mandates into the Nordic countries. Archipelago Partners assists the investment managers with the marketing of their funds and managed accounts and help servicing their investors. http://www.archipelago-partners.com/