ZUG, Switzerland, June 17, 2010 – Capital Dynamics is pleased to announce that it has established a new Clean Energy and Infrastructure (CEI) initiative to address the attractive investment opportunities now emerging in this new class of real assets. A team of accomplished and highly experienced senior industry executives has been engaged to lead the initiative.
The team will be led globally by David Scaysbrook, who has pioneered an exciting investment thesis in real assets focused on clean energy generation and carbon emissions reduction. David is joined by his colleagues Rory Quinlan, former CFO of Novera Energy PLC and Karl Olsoni, former CFO of PPM Energy. The team brings its collective independent power, renewable energy and carbon asset management expertise to Capital Dynamics, having undertaken numerous asset originations, acquisitions, successful exits and ‘hands on’ operations management in five continents. The team will include Thomas Schmid in Switzerland and William Lomax in the US, and form the core of the new Capital Dynamics CEI initiative.
CEI investments directly target climate change mitigation while enhancing energy security and providing economic stimulus. Unlike more venture oriented ‘cleantech’ investments, real assets in the clean energy and infrastructure class can have a lower risk profile. Capital Dynamics strategy will focus on investments in clean and renewable energy and related infrastructure, using mature and proven technologies. Such projects can generate multiple revenue streams through the sale of essential energy, in addition to the creation of valuable renewable energy and emissions credits. This new initiative marks another stride in Capital Dynamics efforts to continuously broaden and improve its product and service offerings for clients. It will expand and enhance Capital Dynamics leading private equity asset management platform through new products in an exciting new investment class, giving investors the opportunity to gain exposure to the increasingly sought-after clean energy and infrastructure sectors on attractive risk-adjusted terms.
Thomas Kubr, co-founder and CEO of Capital Dynamics, says: “This is an important and exciting new development for Capital Dynamics. Addressing today’s global energy challenges is becoming a top political and economic priority, as developed and developing countries alike face the increasing challenge of finding clean energy solutions to achieve low carbon growth. Many institutional investors now see this opportunity emerging and wish to include clean energy and climate change considerations in their investment activities. There is an increasing need for intelligent products that allow investing in the space with a reasonable risk profile. We believe the clean energy and infrastructure sector offers a new class of real assets that can deliver recurrent income together with gains at reasonable risk, while delivering tangible solutions to achieve growth with lower carbon intensity.”
David Scaysbrook, Managing Director, says: “The scale of global investment demand for clean, renewable energy and related infrastructure has moved it to the mainstream and it is fast becoming a new stand-alone class of real assets for institutional investors. ‘New’ does not necessarily mean ‘risky’. What is in short supply is a demonstrable investment track record in this sector and the important combination of industry expertise with proven asset management capabilities. That combination must span the general energy industry, its complex regulations, asset finance conventions and ‘hands on’ operational management experience. In joining Capital Dynamics, we believe we have found the ideal platform, especially given their recognized capabilities in sophisticated risk analysis together with proprietary portfolio construction methodologies. Jointly, we will develop and offer investment products that make the clean energy and infrastructure sector more accessible to institutional and high net worth investors in a much more structured way.”
Capital Dynamics is an independent asset management firm focused on private equity and real estate. Capital Dynamics offers institutional investors and family offices a wide range of private equity products and services: fund of funds, direct investments, separate account solutions and structured private equity products.
With more than 20 years of experience, Capital Dynamics manages and has advised on a combined total of over USD 21 billion in private equity and real estate funds. Capital Dynamics clients are a diverse group of investors including pension funds, insurance companies, family offices, high net worth individuals and their advisors.
Headquartered in Switzerland, Capital Dynamics has offices in New York, Silicon Valley, London, Birmingham (UK), Hong Kong and Munich. ‘Capital Dynamics’ comprises all affiliates of Capital Dynamics Holding AG.