First closing for Ambienta’s sustainable debt fund at €250 million

Milan/London/Paris/Munich — Ambi­enta SGR SpA (“Ambi­enta”), one of the largest and leading asset mana­gers in Europe focu­sing on envi­ron­men­tal sustaina­bi­lity, announ­ces the first closing of the “Ambi­enta Sustainable Credit Oppor­tu­ni­ties” fund (Ambi­enta Credit) with alre­ady around half of the target volume of EUR 500 million.

Ambi­enta Credit is a further deve­lo­p­ment of the corpo­rate stra­tegy and builds on Ambienta’s funda­men­tal concept of sustaina­bi­lity. This is based on the convic­tion that envi­ron­men­tal sustaina­bi­lity is the biggest macro trend of all time and offers one of the grea­test invest­ment oppor­tu­ni­ties of this century. More importantly, with the estab­lish­ment of Ambi­enta Credit, Ambi­enta is adding a third invest­ment stra­tegy to its plat­form that focu­ses exclu­si­vely on envi­ron­men­tal cham­pi­ons. Like Ambienta’s private equity and public equity products, the credit products also fall under Article 9 of the Sustainable Finance Disclo­sure Regu­la­tion (SFDR).

Ambi­enta Credit will accom­pany Euro­pean medium-sized compa­nies as a part­ner and support their deve­lo­p­ment. The focus is exclu­si­vely on envi­ron­men­tal cham­pi­ons whose products or services contri­bute to impro­ving resource effi­ci­ency or redu­cing envi­ron­men­tal pollu­tion and which are charac­te­ri­zed by stable end markets and strong defen­sive busi­ness models. In addi­tion to the Credit team led by Ran Land­mann (Part­ner and Chief Invest­ment Offi­cer) and Nishan Srini­va­san (Part­ner and Head of Origi­na­tion), Ambi­enta Credit is supported by the broa­der plat­form and, in parti­cu­lar, the exper­tise of the Sustaina­bi­lity and Stra­tegy team — a team of engi­neers who examine the impact of envi­ron­men­tal issues on science and busi­ness opera­ti­ons across indus­tries and value chains.

The imple­men­ta­tion of the stra­tegy is based on the award-winning methods deve­lo­ped by the company itself, which account for the success of Ambi­enta Private Equity: the “Envi­ron­men­tal Impact Analy­sis” (EIA), which measu­res the posi­tive envi­ron­men­tal balance of a target company, and the “ESG in Action” program, which evalua­tes and impro­ves the ESG profile of the port­fo­lio companies.

Ran Land­mann, Part­ner and Chief Invest­ment Offi­cer, and Nishan Srini­va­san, Part­ner and Head of Origi­na­tion, said: “Sustaina­bi­lity is a long-term trend that will become even more important in the future. We are plea­sed to work with leading inves­tors who, like us, have reco­gni­zed that inves­t­ing in envi­ron­men­tal sustaina­bi­lity crea­tes value. Ambi­enta Credit comple­ments our exis­ting plat­form and offers the oppor­tu­nity to work with even more sustaina­bi­lity cham­pi­ons who want to finance their growth and are looking for credit solu­ti­ons. We are parti­cu­larly plea­sed that we were able to close our first tran­sac­tion with the finan­cing of a leading water company in Decem­ber 2023.”

Laurent Donin de Rosière, Part­ner and Head of Inves­tor Rela­ti­ons and Stra­te­gic Part­ner­ships, empha­si­zed: “We conti­nue to have a very strong base of limi­ted part­ners and are grateful for the strong support and trust of Ambienta’s exis­ting and new inves­tors. In the current market envi­ron­ment, the importance of private loans is undis­pu­ted. Coupled with the incre­asing role that inves­tors are placing on iden­ti­fy­ing authen­tic, sustainable invest­ment solu­ti­ons, Ambi­enta Credit is a unique offe­ring and an excep­tio­nally well-posi­­tio­­ned product that opens up both part­ner­ships for corpo­ra­tes and invest­ment oppor­tu­ni­ties for LPs.”

About Ambi­enta

Ambi­enta is a Euro­pean envi­ron­men­tal sustaina­bi­lity inves­tor specia­li­zing in private equity, public markets and private credit. From Milan, London, Paris and Munich, Ambi­enta mana­ges assets of more than 3 billion euros. The focus is on inves­t­ing in private and publicly traded compa­nies that are driven by envi­ron­men­tal mega­trends and whose products or services improve resource effi­ci­ency and envi­ron­men­tal protec­tion. Ambi­enta has made 68 private equity invest­ments to date. In the public equity sector, Ambi­enta has laun­ched one of the world’s largest abso­lute return funds fully focu­sed on envi­ron­men­tal sustaina­bi­lity and mana­ges a whole range of other sustainable invest­ment products from low-risk multi-asset funds to long-only equity funds. Ambi­enta has also recently laun­ched a private credit stra­tegy, which — as with the other asset clas­ses — focu­ses on envi­ron­men­tal sustainability.