STX Group steps into asset management with $250m carbon fund launch


STX Group, one of the frontrunners in offering environmental commodities and corporate climate solutions, has unveiled its pioneering investment fund.

The collaboration involves Funds Avenue S.A. and Vertis Environmental Finance, culminating in the creation of the Vertis Global Carbon Fund.

The fund’s inception signals not only a notable milestone for STX Group but also their debut into the asset management sector. This innovative initiative is primarily geared towards pooling capital for the global compliance carbon markets, an effort that fortifies the Emissions Trading Systems (ETS) burgeoning globally.

Diving deeper into its mechanics, the Vertis Global Carbon Fund aims to capitalise on the vast knowledge and industry acumen of Vertis Environmental Finance. This ETS trading establishment boasts an impressive track record spanning over a quarter of a century. Furthermore, STX, with its renowned reputation as one of the paramount trading houses specialising in environmental commodities, only adds to the fund’s robust foundation.

The inception of the Vertis Global Carbon Fund aligns seamlessly with the escalating demand for investments that resonate with the ESG criteria. Moreover, it’s designed to harness the potential price appreciation in the intricate realm of global carbon compliance markets. Ambitious in its trajectory, the fund envisions amassing approximately US$250m in the forthcoming years.

STX Group representative said, “The partnership and the resultant fund is a testament to our commitment towards a greener future, leveraging the profound expertise of Vertis Environmental Finance and ensuring our foothold in the environmental commodities trading space is further solidified.”

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