Newgate Communications has been appointed by Sustainable Technology Investors Ltd. (“STIL”) to support the UK launch of the £100 million Nobel Sustainability Growth Fund (“NSGF” or “the Fund”). The Fund is being launched in partnership with the Nobel Sustainability Trust® (“NST”), founded by members of the Nobel Family, and SET3, the global investment group founded by Gordon Power and Stephen Lansdown, co-founder of Hargreaves Lansdown.
NSGF will make UK sustainable private equity investments in technology, manufacturing, services and asset development businesses. It will be managed by Sustainable Technology Investors Ltd., a specialist investment manager focused on backing management teams in developing sustainable businesses. The STIL team has a 30-year investment track record and has managed four previous sustainable funds.
Jim Totty and Nick Curtis, Managing Partners at STIL said: “The UK continues to offer a strong pipeline of investments post Brexit. Sustainability, innovation and technology will continue to drive the UK economy over the next 10 years, as underlying economic and environmental drivers see institutional capital flows continue into the sustainable sector. We’re delighted to launch the Nobel Sustainability Growth Fund, in partnership with the Nobel Sustainability Trust®, and SET3, and to be working with the Newgate team throughout this process.”
The Newgate team is being led by Alistair Kellie, Partner, supported by Charlotte Coulson and Shelly Durrant.
Alistair Kellie, Partner, Newgate Communications said: “The Nobel Sustainability Growth Fund provides an opportunity to back a whole host of innovative products, services and technology in the sustainability space. We’re delighted to be supporting the team at STIL and SET3.”
The Fund is backed by the Nobel Sustainability Fund®(“NSF”) global group of funds which was launched in 2016, with backing from the Constitutional Reserve Fund of Monaco and the family office of Stephen Lansdown.
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Notes to Editors:
About the Nobel Sustainability Growth Fund
The Nobel Sustainability Growth Fund is a £100 million private equity fund investing in fast growing UK businesses in technology, services, manufacturing and development. NSGF is managed by Sustainable Technology Investors Ltd.
About Sustainable Technology Investors Ltd.
Sustainable Technology Investors Ltd. is a private equity fund manager focused on sustainable growth capital and infrastructure investments, whose team has a 30-year investment track record. STIL has raised and managed four previous sustainable funds. STIL partners with strong management teams targeting and investing in development platforms, manufacturing and service businesses, and late venture stage sustainable technologies. It is part of the SET3 group of specialist sustainable asset managers.
SET3 Ltd is a holding company for a Global Network of Fund Managers. SET3 was formed from the merger of Earth Capital Partners and the global group owned by Sustainable Technology Investments (Guernsey) Ltd (“STIG”). SET3 is 92% owned by STIG a holding company founded in 2009 and jointly owned by Gordon Power and Stephen Lansdown to provide capital for, and mentoring to, fund managers and businesses whose primary focus is renewable energy, energy efficiency and sustainable technology.
About the Nobel Sustainability Trust®
The Nobel Sustainable Trust®, founded by members of the Swedish Nobel Family, was established to be a proactive response to the threat of climate change, bringing public awareness to the issues of pollution and clean energy, and encouraging change. It aims to accelerate the sustainability transition and ultimately to ensure ready access to energy for all members of our society whilst ensuring the protection of the earth. Key objectives include:
- Crystallise & extend global awareness
- Focus on environmental considerations and solutions
- Ensure ready access to energy for all members of society whilst ensuring the protection of the Earth
NST’s key objectives are to encourage research and practice of sustainable and renewable