Gresham House

“Over the next few years, if natural capital is to become a really established asset class… as an industry we’ve got to create really long-term fundable projects for nature restoration. Then the world can harness the power of private capital into restoring nature.” 💬🌳🦋   Peter Bachmann, Managing Director, Sustainable Infrastructure, comments on the outcome of COP16 and the ongoing challenge to create investable nature projects in an article for IPE Real Assets.   The summit brought together an estimated 5,000 businesses, signalling the growing recognition of biodiversity as a critical business issue. There is a growing emphasis on improving supply chains and minimising company impacts on #biodiversity, with #carboncredits being positioned as a voluntary tool for additional positive action.    However, Peter highlighted the need for more countries to actively participate in the implementation of biodiversity with only 44 out of 196 producing a biodiversity plan.   https://lnkd.in/eqXWccnX   #naturalcapital

2024 PRI Report Results 🌟 We are delighted to share our results from the 2024 Principles for Responsible Investment (PRI) Report, in which we were awarded 4 or 5 stars, out of a maximum of 5 stars, for all relevant modules. Our 2024 results: - Direct - infrastructure ⭐⭐⭐⭐⭐ (93%) - Direct - real estate ⭐⭐⭐⭐ (85%) - Direct - private equity ⭐⭐⭐⭐⭐ (93%) - Direct - listed equity ⭐⭐⭐⭐ (79%) - Direct - policy, governance and strategy ⭐⭐⭐⭐⭐ (93%) - Direct - confidence building measurements ⭐⭐⭐⭐⭐ (100%) PRI reporting is the largest global reporting project on #sustainableinvestment and Gresham House is proud to have been a signatory since February 2018. Read more about our sustainable investment commitments and achievements here: https://lnkd.in/ewQkWGtg #naturalcapital #infrastructure

Oliver Hughes presenting to a full house in Tokyo as to why investors should consider an investment in forestry. 🌳 Olly highlighted how an investment in #forestry diversifies an investment portfolio and provides exposure to potential increases in the value of #timber, carbon credits, #naturalcapital and underlying land value. https://lnkd.in/esA4VMPk Ben Gunnee | Capital at risk. Past performance is not necessarily a guide to future performance.

We’re pleased to see Telcom, a portfolio company in our Sustainable Infrastructure strategy has rebranded as Elevate 🚀   Elevate’s business fibre network delivers hyper fast #connectivity to companies with a range of products to cover all use cases.   #infrastructure

“Institutional investors are increasingly recognising the ability of forestry investments to provide compelling financial returns while delivering a positive impact in terms of emissions, biodiversity and job creation in rural communities.” 🌳💬   Oliver Hughes, Managing Director, Forestry, discusses the importance of sustainable forestry investments in the evolving natural capital asset class with Lauren Mills in an article for IPE Real Assets.   He highlights the role of #biodiversity in #forestry which is evident at Brycheiniog forest, located in Wales and managed by Gresham House. The forest provides nature corridors for species in a landscape with fragmented woodland cover.   Looking forward, Olly calls for the establishment of globally recognised KPIs to streamline the measurement of biodiversity in forests and solidify investor confidence in the asset class, saying: “Once you monitor it, you can enhance it. Once you enhance it, you can value it.”   https://lnkd.in/eBtdMXqU   #naturalcapital | Capital at risk. Past performance is not necessarily a guide to future performance. 

Forestry in New Zealand 🌳🌱 In this video David Gardner, CIO, Forestry, explains the planting process at Fairview Forest located on the South Island in New Zealand and managed by Gresham House. This #planting project involved over 12,000 mānuka seedlings, which are showing impressive early growth. Fairview Forest is being managed for permanence, and is therefore not harvested, with the aim of a gradual transition towards a natural forest with indigenous forest species. Read more about our forestry capabilities here: https://lnkd.in/esA4VMPk Dorian van Raalte, CFA #forestry #carbon 

Valuing sustainability during exits 🌳🦋   James Palman, Sustainable Investment Manager, spoke on a panel discussing sustainability best practices during the exit process at the Private Equity International Responsible Investment Forum: Europe event in London.   The panellists discussed: - To what extent sustainability teams are involved in exit preparation - How driving impact broadens the potential pool of buyers can enhance valuations - ESG considerations when exiting via IPO vs. sale to another PE buyer - How to leverage ESG to dive multiples at exit   James was joined by:   Jo Daley, Director, Head of Impact, Clearwater  Graeme Ardus, Head of ESG, Triton Partners  Shami Nissan, Partner, Head of Sustainability, Actis  Patricia Winton, Partner and Global Head of ESG, Bain Capital   #RIFEurope2024

Backing biodiversity 🌱🦋   Peter Bachmann, Managing Director, Sustainable Infrastructure, discussed how to practically approach biodiversity as an investor on a panel at the Private Equity International Responsible Investment Forum: Europe event in London.   The session covered the opportunities and risks of #biodiversity investment, the due diligence process and the relationship between biodiversity and #decarbonisation, as well as how to generate interest from LPs in potential investment vehicles.    Peter was joined by:   Charles Avery, Reporter, New Private Markets Marie-Anne Vincent, Head of Finance, AXA Climate Jovana Stopic, ESG Director, IK Partners Mona Huys, Sustainable Investment Specialist, Mercer Alternatives   #RIFEurope2024

Share buybacks as a capital allocation tool 🪛 In the wake of the COVID-19 pandemic and persistent investor outflows from UK equities, UK-listed companies have increasingly turned to share buybacks as a strategic capital allocation tool.   In some instances buyback activity can be an important contributor to long-term value creation through enhanced returns on equity, earnings per share and dividend yields. Notably within the Gresham House public equities portfolio, companies such as Mears Group PLC and Balfour Beatty plc have executed successful buyback programmes that have led to substantial shareholder returns.   However, for the UK market in aggregate, the data call into question whether recent increased buyback activity is best aligned with long-term shareholder interests, and in some instances other short-term incentives may be at play.   For more insights, read the full analysis by David Bickerstaffe and George Karidis here: https://lnkd.in/e5GZaENA   #Investment #UKEquities #ShareBuybacks #CapitalAllocation #GreshamHouse

New hire 📢   We are delighted to welcome Eoin McDonald as Director of Global Natural Capital to drive further development of our natural capital solutions strategy globally.    Eoin joins Gresham House with over 12 years of experience in institutional natural capital investment. Most recently, he served as Managing Director at specialist investment management firm GreenAgCapital, where he developed investment strategies and led fundraising across vertically integrated investments within the food and agriculture sector. Prior to this, he led the U.S. Portfolio Management team at Nuveen Natural Capital’s farmland division, managing investments, driving the firm’s ESG strategy, and spearheading new product initiatives.   Commenting on the appointment Anthony "Tony" Dalwood said:   “Eoin brings a wealth of expertise in managing institutional natural capital portfolios and has a proven track record of investments in natural capital, agriculture, and sustainable investments. His ambition will be instrumental as we continue to scale our natural capital platform and meet the growing demand for sustainable investments.” https://lnkd.in/ewzaUd-T   #team #naturalcapital #agriculture