Rockefeller Asset Management has launched the Rockefeller Climate Solutions Fund.
The fund will invest in companies focused on climate change mitigation or adaptation solutions and has $100mn in initial assets. RAM says the global equity strategy invests in a portfolio of companies that have 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. It is co-managed by Casey Clark and Rolando Morillo who lead RAM’s thematic equity strategies.
Rolando Morillo, Fund Portfolio Manager, says: “Climate change is becoming a defining issue of our time. We believe investors can generate alpha and positive outcomes by investing in companies producing climate mitigation or adaption solutions with distinct competitive advantages, clear growth catalysts, strong management teams, and attractive earnings potential.”