The Principals of Curzon Capital have many years experience in identifying interesting emerging asset classes and structuring and marketing innovative investment vehicles to benefit from the rapid growth in new markets. From our days on the Country Funds desk at Barings, Dresdner and Caspian through to our ground-breaking off-shore funds investing in Polish and Romanian residential property and investment-grade fine wine, we have always been in the vanguard of investor awareness in new and exciting alternative investments. The rapid acceptance that climate change (whether through natural cycles or through human activity) is a threat to the planet in general and to human existence in particular has created a new investment opportunity on a global scale. The rapid evolution of mechanisms for pricing carbon emissions and markets for trading in their derivatives has opened up a myriad of interesting investment possibilities.
We at Curzon are currently working on a number of new fund initiatives, the most advanced of which is a pan-African Forestry Fund. The fund will aim to invest in a range of different forestry-related projects throughout Africa, but with an initial focus on Ghana where we have good access to land and plantation management skills. The aim of the fund will be to re-plant degraded forest land with a mixture of commercial tropical hardwood plantations and indigenous forest with the benefit to the environment of re-planting two indigenous trees for every one plantation tree. The fund will seek to maximise the returns on its commercial forestry investments and to enhance these with additional revenue from carbon credits which will be developed under a recognised VER standard. The fund is due for launch in the first quarter of 2011.