Geneva-based asset management firm Quaero Capital has launched an Accessible Clean Energy fund, aimed at capturing investor interest in the switch to cleaner energy sources.
The Luxembourg-domiciled Ucits compliant Sicav fund will be manged by Martina Turner and Zoë VanderWolk who will apply a high-conviction active strategy. It currently has volume of USD32m (€27m).
The fund’s approach is based on the already existing Accessible Clean Energy investment strategy which was launched by Martina Turner in 2014, who joined Quaero Capital in 2017.
The strategy invests in companies focused on development, production and sale of clean energy technologies. After over two years of successful tracking, it turned into the strategy of a structured fund, anchored by a pension fund.
Turner has a background in solar technology and materials science and has previously worked in microcredit for solar installations at Grameen Bank.
Her colleague Zoë VanderWolk also joined Quaero Capital in 2017, having previously worked as a partner at Accessible Clean Energy. Prior to that, she worked as an Associate covering environmental and carbon markets and environmental regulation at Baker & McKenzie.