Geneva-based international wealth and asset supervisor Lombard Odier Funding Managers (LOIM) introduced an settlement to amass Dutch sustainable investment-focused asset supervisor Possession Capital.
The acquisition will deliver LOIM’s sustainable funding providing to over $10 billion in property underneath administration (AUM). Based on LOIM and Possession Capital, the transaction comes as broadening market situations and the continued want for sustainable options is making a resurgence in sustainable, international equities.
Primarily based in Amsterdam, Possession Capital was based in 2008 as an in-house portfolio throughout the Dutch pension fund PGGM, and spun out in 2013 to supply funding providers to different pension funds, foundations, and endowments. The agency makes use of a long-term funding focus, aiming to ship superior long-term returns primarily based on an strategy constructed on deep evaluation of fabric sustainability elements and energetic possession engagement to catalyze company and sustainability enhancements. The agency’s funding group is led by Founding Companion and Chief Funding Officer Otto van Buul.
Jean-Pascal Porcherot, Managing Companion of Lombard Odier Group and Co-Head of LOIM, mentioned:
“The combination of Possession Capital is an indication of our continued dedication to sustainable investing, and our conviction in funding approaches supported by deep analysis. The monetary significance of root points dealing with our financial mannequin proceed to be misunderstood by markets, creating investable alternatives that we consider Otto’s group and its long-term and engaged possession strategy is supremely well-placed to grasp.”
Possession Capital will likely be built-in into LOIM’s wider sustainability enterprise, with LOIM highlighting the chance to strengthen every companies’ choices via mixture of capabilities together with LOIM’s analysis, evaluation of system adjustments to a extra sustainable financial system, and its skilled networks, and Possession Capital’s deeply engaged possession and analysis strategy, in addition to the power to enhance LOIM’s current sustainability-focused choices, which embody methods centered on decarbonization, and thematic choices round local weather, nature and social alternatives, in addition to extra diversified sustainable international equities methods.
van Buul mentioned:
“Lombard Odier shares our forward-looking perspective on sustainability and long-term worth creation. This partnership is a pure alignment of philosophies, and we’re assured it’ll improve our collective funding capabilities.”
