Yahoo Finance recently announced that Rockefeller Asset Management (RAM), a division of Rockefeller Capital Management, has launched the Rockefeller Climate Solutions Fund (RKCIX) with Skypoint Capital Partners as the Fund’s third-party wholesale marketing agent. The Fund seeks long-term capital growth by investing in companies focused on climate change mitigation or adaptation solutions across the market capitalization spectrum.
The Fund, which launched with nearly $100 million in assets and several underlying investors, was converted from a Limited Partnership structure with the same investment objective and a 9-year track record. It was formed in collaboration with The Ocean Foundation (TOF) based on the belief that climate change will not only transform the planet but economies and markets as well.
“Climate change is becoming a defining issue of our time,” Fund Portfolio Manager Roland Morillo tells the publication. “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.”
To read the entire Yahoo Finance announcement, click here.
To view the full press release of this announcement, click here.