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What's New In Investments, Funds? – Lombard Odier
Editorial Staff
24 May 2022
Lombard Odier Investment Managers
has announced the first closing of its Sustainable Private Credit strategy with a commitment from the Environment Agency Pension Fund, a UK body managing about £4.5 billion ($5.66 billion) in assets.
The EAPF runs money for active and closed pension funds for the UK’s Environment Agency, a non-departmental public body.
The LOIM Sustainable Private Credit strategy seeks to provide primarily bilateral senior secured private loans to diversified North American climate transition-oriented industries.
“Many clients have embraced private debt to diversify away from equities and shift toward stable cashflows. Our strategy seeks to deliver both these traditional objectives and a sustainability tilt to help accelerate the transition to net zero. The UK institutional business is a key area of focus for LOIM as we expand our sustainability-led investment offering,” Ritesh Bamania, head of UK and Ireland institutional sales at LOIM, said.