New Forests, a global sustainable investment manager, has raised €410m in the first close of its latest fund, focused on climate and forestry initiatives.
The fund, supported by European investors such as pension funds, insurers, and family offices, aims to reach a final target of €600m.
The fund will invest in sustainable forestry projects across Europe, including reforestation, forest conservation, and carbon credit programmes. These investments are designed to combat climate change, enhance biodiversity, and deliver attractive financial returns. The initiative aligns with growing investor demand for strategies that combine environmental and financial objectives.
New Forests, which manages $9.5bn in assets globally, has established itself as a leader in impact investing. The firm’s approach prioritises environmental benefits while generating value for investors. This fund represents another step in its mission to support a net-zero future through innovative forestry solutions.
The successful first close underscores the increasing interest in sustainable investments and the vital role forestry can play in tackling climate challenges. New Forests’ commitment to impact-driven strategies continues to resonate with institutional investors seeking long-term, sustainable returns.
Source: Impact Investor
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