Algebris Green Transition Strategy
The content of this webpage is for professional investors only. This is a marketing communication. Please refer to the information document of the AIF before making any final investment decisions. The decision to invest in the fund should take into account all the characteristics and objectives of the fund as described in its Private Placement Memorandum. More information on the fund sustainability-related aspects is available at https://www.algebris.com/esg/
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No reliance may be placed for any purpose on the information contained in the following webpage or their accuracy or completeness. No representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information contained in the following webpage by any of Algebris Investments, its members, employees or affiliates and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. The information and opinions contained in the following webpage are for background purposes only, do not purport to be full or complete and do not constitute investment advice. This information is not intended to provide, and should not be relied upon for, accounting, legal or tax advice or investment recommendations. You should consult your tax, legal, accounting or other advisors about the issues discussed herein. The following webpage does not constitute or form part of any offer to issue or sell, or any solicitation of an offer to subscribe or purchase, any investment nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore.
Switzerland
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The following section of the website can only be accessed by persons who are categorised as “Qualified Investors” for the purposes of Article 10, Paragraphs 3 and 3ter of the Swiss Collective Investment Schemes Act (CISA). “Qualified Investors” in Switzerland comprise: occupational pension schemes with Professional Treasury operations and companies with Professional Treasury operations (an investor is deemed to have professional treasury operations if, within or outside the company or private investment structure, it entrusts, on a permanent basis, the management of its funds to a professionally qualified person with experience in the financial sector), large companies (i.e., companies exceeding two of the following parameters: (a) balance sheet total of CHF 20 million; (b) turnover of CHF 40 million; (c) equity of CHF 2 million), private investment structures with Professional Treasury operations created for high-net-worth retail clients, financial intermediaries, insurance companies, foreign clients subject to a prudential supervision as the financial intermediaries or insurance companies, central banks, national and supranational public entities with Professional Treasury operations, and retail clients for whom a financial intermediary or a foreign financial intermediary provides portfolio management or investment advice within the scope of a permanent portfolio management or investment advice relationship, provided they have not declared that they do not wish to be treated as Qualified Investors.
In any case, the following page cannot be accessed from the US and/or by US investors.
By clicking on the “ACCEPT” button I hereby declare that I’ve read, understood and acknowledged this Important Notice and that I do possess the requirements necessary to be categorized as a qualified investor in compliance with the CISA.
If you do not satisfy any of the criteria mentioned above; or you are unsure that you do; or you are a located in the US; or you are a US person, please press the “DECLINE” button.
Information for investors in Switzerland: This is an advertising document. The state of the origin of the fund is Luxembourg. In Switzerland, this document may only be provided to qualified investors within the meaning of art. 10 para. 3 and 3ter CISA. In Switzerland, the representative is ACOLIN Fund Services AG, Leutschenbachstrasse 50, CH-8050 Zurich, whilst the paying agent is Banque Cantonale de Genève, 17, quai de l’Ile, CH-1204 Geneva. The basic documents of the fund as well as the annual and, if applicable, semi-annual report may be obtained free of charge from the representative. Past performance is no indication of current or future performance. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units. Please be aware that this document may include funds for which neither a representative nor a paying agent in Switzerland have been appointed. These funds cannot be offered in Switzerland to qualified investors as defined in art. 5 para 1 FinSA.
No reliance may be placed for any purpose on the information contained in the following webpage or their accuracy or completeness. No representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information contained in the following webpage by any of Algebris Investments, its members, employees or affiliates and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. The information and opinions contained in the following webpage are for background purposes only, do not purport to be full or complete and do not constitute investment advice. This information is not intended to provide, and should not be relied upon for, accounting, legal or tax advice or investment recommendations. You should consult your tax, legal, accounting or other advisors about the issues discussed herein. The following webpage does not constitute or form part of any offer to issue or sell, or any solicitation of an offer to subscribe or purchase, any investment nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore.
United Kingdom
Important Notice
The following section of the website can only be accessed by UK investors who are categorised as “Per se professional clients” pursuant to COBS 3.5.2 of the FCA Handbook. An investor can be qualified as a “Per se professional client” when it complies with either of the following criteria:
(i) the investor is an entity required to be authorised or regulated to operate in the financial markets (this includes, but it is not limited to, investment firms, insurance companies, collective investment schemes and their management companies, pension funds and their management companies, credit institutions and other institutional investors);
(ii) the investor is, in relation to MiFID or equivalent third country business, a large undertaking meeting two of the following size requirements on a company: (a) balance sheet total of EUR 20.000.000 – (b) net turnover of EUR 40.000.000 – (c) own funds of EUR 2.000.000;
(iii) the investor is, in relation to business that is not MiFID or equivalent third country business, a large undertaking meeting any of the following conditions: (a) a body corporate (including a limited liability partnership) which has (or any of whose holding companies or subsidiaries has) (or has had at any time during the previous two years) called up share capital or net assets of at least £5 million (or its equivalent in any other currency at the relevant time – (b) an undertaking that meets (or any of whose holding companies or subsidiaries meets) two of the following tests: (1) a balance sheet total of EUR 12,500,000; (2) a net turnover of EUR 25,000,000; (3) an average number of employees during the year of 250; – (c) a partnership or unincorporated association which has (or has had at any time during the previous two years) net assets of at least £5 million (or its equivalent in any other currency at the relevant time) and calculated in the case of a limited partnership without deducting loans owing to any of the partners; – (d) a trustee of a trust (other than an occupational pension scheme, SSAS, personal pension scheme or stakeholder pension scheme) which has (or has had at any time during the previous two years) assets of at least £10 million (or its equivalent in any other currency at the relevant time) calculated by aggregating the value of the cash and designated investments forming part of the trust’s assets, but before deducting its liabilities; – (e) a trustee of an occupational pension scheme or SSAS, or a trustee or operator of a personal pension scheme or stakeholder pension scheme where the scheme has (or has had at any time during the previous two years): (1) at least 50 members; and (2) assets under management of at least £10 million (or its equivalent in any other currency at the relevant time);
(iv) the investor is a national or regional government, including a public body that manages public debt at national or regional level, a central bank, an international or supranational institution (such as the World Bank, the IMF, the ECB, the EIB) or another similar international organisation;
(v) the investor is another institutional investor whose main activity is to invest in financial instruments (in relation to the firm’s MiFID or equivalent third country business) or designated investments (in relation to the firm’s other business). This includes entities dedicated to the securitisation of assets or other financing transactions.
In any case, the following page cannot be accessed from the US and/or by US investors.
By clicking on the “ACCEPT” button I hereby declare that I’ve read, understood and acknowledged this Important Notice and that I do possess the requirements necessary to be categorized as a professional investor in compliance with the FCA Handbook.
If you do not satisfy any of the criteria from (i) to (v) mentioned above; or you are unsure that you do; or you are a located in the US; or you are a US person, please press the “DECLINE” button.
No reliance may be placed for any purpose on the information contained in the following webpage or their accuracy or completeness. No representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information contained in the following webpage by any of Algebris Investments, its members, employees or affiliates and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. The information and opinions contained in the following webpage are for background purposes only, do not purport to be full or complete and do not constitute investment advice. This information is not intended to provide, and should not be relied upon for, accounting, legal or tax advice or investment recommendations. You should consult your tax, legal, accounting or other advisors about the issues discussed herein. The following webpage does not constitute or form part of any offer to issue or sell, or any solicitation of an offer to subscribe or purchase, any investment nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore.
Singapore
Important Notice
The following section of the website can only be accessed by Singapore investors who are categorised as “Qualified Investors” pursuant to the Securities and Futures Act. A “Qualified Investor”, pursuant to Chapter 289 of the Securities and Futures Act,. is defined as either one of the following: an accredited investor; a collective investment scheme only for accredited investors or institutional investors; a closed-end fund only for accredited investors or institutional investors; an institutional investor, other than a collective investment scheme; or a limited partnership, where the limited partners comprise solely of accredited investors or institutional investors. You should not access this site if you are not a Qualified Investor.
In any case, the following page cannot be accessed from the US and/or by US investors. If you do not satisfy any of the criteria mentioned above; or you are unsure that you do; or you are a located in the US; or you are a US person, please press the “DECLINE” button.
By clicking on the “ACCEPT” button I hereby declare that I’ve read, understood and acknowledged this Important Notice and that I do possess the requirements necessary to be categorized as a qualified investor in compliance with the Singapore Securities and Futures Act.
No reliance may be placed for any purpose on the information contained in the following webpage or their accuracy or completeness. No representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information contained in the following webpage by any of Algebris Investments, its members, employees or affiliates and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. The information and opinions contained in the following webpage are for background purposes only, do not purport to be full or complete and do not constitute investment advice. This information is not intended to provide, and should not be relied upon for, accounting, legal or tax advice or investment recommendations. You should consult your tax, legal, accounting or other advisors about the issues discussed herein. The following webpage does not constitute or form part of any offer to issue or sell, or any solicitation of an offer to subscribe or purchase, any investment nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore.
Rest of the World
Please be informed that our funds are currently not registered to be marketed to professional investors in your jurisdiction. If you are interested in learning more about the Algebris funds, please contact AlgebrisIR@algebris.com.
Algebris Green Transition Strategy: the bridge between entrepreneurs and sustainable investing.
The Algebris Green Transition Strategy, a private equity initiative that represents a unique solution to take advantage of the forces that are reshaping the economy.
The private equity Strategy represents a concrete access to investments for a more sustainable future and a place where entrepreneurs and investors can come together to fulfill their goals.
Investment Strategy
Built on three pillars
Energy Transition, Circular Economy, and Smart cities & Agritech.
Energy Transition
Generation, distribution and use of energy in a decarbonized way, services to renewables and key components for the production of green energy. Key sectors include: electrochemical storage, transmission equipment, energy efficiency, energy communities, …
Circular Economy
Refurbishment and improvement of industrial processes to promote recycling, reduction of the overall consumption of materials and adoption / production of alternative sustainability-based materials. Key sectors include: water and waste treatment, bio-fuels, pollution control equipment, environmental engineering and consulting, …
Smart cities & Agritech
Development and promotion of low-carbon mobility, digital infrastructures and agritech. Key sectors include: electric vehicle components and infrastructure, smart districts, data centers, precision farming, soilless farming products and services, …
Directed to
Businesses driving the green transition in their market
The Algebris Green Transition Strategy supports entrepreneurs in accelerating and shaping their positive impacts on the society and business community.
SMEs being platforms for growth and value creation
The team invests in great receptors of value creation initiatives: established winners in their niches to generate growth and innovation.
Family or founder-owned businesses
Algebris is a catalyst investor, driving businesses from privately-owned to the next phase of growth, side by side with their founders, entrepreneurs and management teams.
Based on the following criteria
Strong sustainability and transition angle
Equity ticket in the 10-50€ million range
Management and entrepreneurs investing alongside Algebris
Algebris adopts a flexible and ad-hoc approach that values the needs of our target companeis both in terms of value creation and acquisition structures: minority or majority ownership, management buyout, capital increase, shareholder restructuring, carve-out and so on.
Values & Approach
We seek companies in Italy and other European countries with proven earnings potential, resilient business models and sustainable long-term strategies. The team works alongside the company’s management to support the expansion, internationalisation and consolidation of each company’s business.
The Strategy is positioned at the frontier of ESG and complies with Art.9 of the Sustainable Finance Disclosure Regulation (SFDR)
The dedication of the investment team towards ESG topics and its commitment to institutionalize a true and real ESG transition resulted in having a portion of Algebris’ remuneration tied to ESG objectives.
Strong focus
on value creation
Driven by an industrial approach, the team is committed to support effective value creation initiatives in its portfolio companies with the goal of reaching sustainable and long term growth and profitability.
Close partnership
for a joint success
The team value open, informal and frequent dialogues with management teams to brainstorm growth opportunities and handle hurdles together. We value the profound knowledge entrepreneurs and management have on their market and we invest in their strategic plans.
Industrial team with 50+ years of combined experience
Algebris has closed its first fundraising roung for the strategy in July 2022 at ca. €200m. The Strategy is managed by a leading industrial team headed by Luca Valerio Camerano, renowned CEO in the energy sector with wide C-suite experience in some of the largest utility companies in Italy. The other founding members of the team are Francesco Becchelli, with strong expertise in M&A and deal making, and Matteo Tarchi, bringing strong expertise in the renewables transition.
Luca Valerio Camerano
Managing Partner
Francesco Becchelli
Senior Partner
Matteo Tarchi
Senior Partner
The three founders have worked together for many years and retain 50+ years of combined experience in the green sector. The portfolio management team’s track record includes transactions valued at c. €4 billion completed over the last 5 years in the following sectors
Renewables
Circular Economy and Environment
Energy retail, Efficiency, Services
Regulated infrastructure
Mixed sector, conventional power
Smart cities
Portfolio of companies
Contact us
Please use the form below to get in touch with the Algebris Green Transition Strategy team. The team will be happy to get back to you should they believe you are a good fit.
Do you have an exciting business opportunity to discuss with the Green Team?
Please get in touch if your business has great potentials and you think the Green Team could bring value to its development or if you have an interesting business idea to grow and accelerate.
Do you think you could bring value to the Green Team?
Please get in touch if you are a professional interested to join the team and with the ambition to make an impact toward the green transition.
News
- Algebris Green Transition Fund launches “Aquanexa”, an integrated platform in the water sectorMilan, 10th February 2024 – Algebris Investments, through its private equity fund dedicated to sustainable investments, Algebris Green Transition Fund (“The Fund”), announces the creation of Aquanexa, the holding company that will lead an industrial group capable of providing an… Read more: Algebris Green Transition Fund launches “Aquanexa”, an integrated platform in the water sector
- Algebris Green Transition Fund acquires 100% of Esapro, Italian energy transition enablerMilan, 18 January 2024 – Algebris Investments, through its private equity fund dedicated to sustainable investments the Algebris Green Transition Fund (“The Fund”), has acquired 100% of Esapro S.r.l. (“Esapro”) from Esapro Holding S.r.l., with the aim of further strengthening… Read more: Algebris Green Transition Fund acquires 100% of Esapro, Italian energy transition enabler
- Algebris Green Transition Fund closes latest fundraising round at more than €260 millionMilan, 10th July 2023 – Algebris Investments’ first private equity fund, the Algebris Green Transition Fund (the “Fund”), which launched in July 2022, has closed another fundraising round at €70 million. To date, the Fund has raised over €260 million… Read more: Algebris Green Transition Fund closes latest fundraising round at more than €260 million
- Algebris Green Transition Fund acquires a majority stake in Omnisyst S.p.A.It is the first acquisition of the private equity fund dedicated to green investments. Milan, 28th July 2022 –Algebris Investments’ first private equity fund, the Algebris Green Transition Fund (the “Fund”), is acquiring a majority stake in Omnisyst S.p.A. (“Omnisyst”),… Read more: Algebris Green Transition Fund acquires a majority stake in Omnisyst S.p.A.
- Algebris Green Transition Fund closes first fundraising round at €200mMilan, 4th July 2022 –Algebris Investments’ first private equity fund, the Algebris Green Transition (the “Fund”), has closed its first fundraising round, gathering commitments of €200m. Committed investors include institutional entities in Italy and more widely in Europe. Algebris is… Read more: Algebris Green Transition Fund closes first fundraising round at €200m
- Milano Finanza – Algebris in the green private equityAlgebris is ready to launch a fund investing in companies dedicated to the energy transition and with an industrial approach to sustainable investments. Algebris’ funding has doubled to 3.5 billion in 2021, the number of professionals has increased to 150… Read more: Milano Finanza – Algebris in the green private equity
Algebris Green Transition Fund (the “Fund”) is a closed-ended partnership established in Luxembourg as a special limited partnership (société en commandite specialé). The Fund constitutes a closed-ended alternative investment fund for the purposes of the Alternative Investment Fund Managers Directive (Directive 2011/61/EU) as amended (“AIFMD”). Algebris Investments (Ireland) Limited is the alternative investment fund manager of the Fund (the “AIFM”). Algebris Investments (Ireland) Limited is authorised and regulated by the Central Bank of Ireland as an alternative investment fund manager under the European Union (Alternative Investment Fund Managers) Regulations, 2013 (as amended). The value of partnership interests in the Fund (“Interests”) is not guaranteed and the value of such Interests can reduce as well as increase and, therefore the return on investment in the Interests will be variable. The investment objective is based on a number of assumptions believed to be reasonable, but there is no assurance that the investment objective will be realized. The actual realized return will depend on a number of factors. Neither past experience nor the current situation are necessarily accurate guides to the future growth in value or rate of return. The strategy employed by the Fund may result in the NAV exhibiting a high level of volatility and therefore investors should not invest in the Partnership unless they can afford to lose their entire investment.
This is a marketing communication. The AIFM has prepared an English language private placement memorandum (the “Memorandum”) with respect to the Fund which is available only on request from www.algebris.com, the AIFM or Algebris (UK) Limited. The Memorandum is communicated on a confidential private placement basis to a limited number of selected eligible investors (“Investors”) who have expressed an interest in making a commitment to invest in the Fund. A summary of Investor rights associated with an investment in the Fund shall be available in English from https://www.algebris.com/cbdr-investor- rights/. A decision may be taken at any time to terminate the arrangements made for the marketing of the Fund in any EEA Member State in which it is currently marketed pursuant to the passporting procedures of AIFMD in accordance with Article 32a of AIFMD. Please refer to the Memorandum before making any final investment decision. This document is for private circulation only. The information contained in this document is strictly confidential and is only for the use of the person to whom it is sent. The information contained herein may not be reproduced, distributed or published by any recipient for any purpose without the prior written consent of Algebris Investments. The information and opinions contained in this document are for background purposes only, do not purport to be full or complete and do not constitute investment advice. Algebris Investments is not hereby arranging or agreeing to arrange any transaction in any investment whatsoever or otherwise undertaking any activity requiring authorisation under the Financial Services and Markets Act 2000. This document does not constitute or form part of any offer to issue or sell, or any solicitation of an offer to subscribe or purchase, any investment nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore.
No reliance may be placed for any purpose on the information and opinions contained in this document or their accuracy or completeness. No representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information or opinions contained in this document by any of Algebris Investments, its members, employees or affiliates and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions.
This document is being communicated only to persons to whom it may lawfully be issued under The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 including persons who are authorised under the Financial Services and Markets Act 2000 of the United Kingdom (the “Act”), certain persons having professional experience in matters relating to investments, high net worth companies, high net worth unincorporated associations and partnerships, trustees of high value trusts and persons who qualify as certified sophisticated investors. This document is exempt from the prohibition in Section 21 of the Act on the communication by persons not authorised under the Act of invitations or inducements to engage in investment activity on the ground that it is being issued only to such types of person. This is a marketing document.
The distribution of this document may be restricted in certain jurisdictions. The above information is for general guidance only, and it is the responsibility of any person or persons in possession of this document to inform themselves of, and to observe, all applicable laws and regulations of any relevant jurisdiction.
Past performance is no indication of current or future performance. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units. The strategy employed may result in the NAV exhibiting a high level of volatility. This document is suitable for professional investors only. The Fund may invest in contingent convertible securities. These securities have unique risks, for example, due to equity conversion or principal write-down features which are tailored to the issuing entity and its regulatory requirements, which means the market value of the securities may fluctuate. Additional risk factors associated with contingent convertible securities are set out in the fund’s prospectus.
© 2023 Algebris Investments. Algebris Investments is the trading name for the Algebris Group.
