Taaleri launches private equity fund focused on
PRESS RELEASE TAALERI PLC DECEMBER 14, 2021 AT 9:15 AM (EET)
Taaleri throw a capital investment fund dedicated to the bio-industry – the fund is classified in dark green like he only makes sustainable investments
Investment and asset manager Taaleri is launching the Taaleri Bioindustry I fund, which focuses on the bioindustry. It is the first European private equity fund to focus solely on bio-industry projects. It is also one of the first Finnish private equity funds to be classified in the dark green category, i.e. funds under Article 9 of the EU Disclosure Regulation. public finances. The fund only invests sustainably in projects which, for example, make a substantial contribution to climate change mitigation. The fund also reports extensively on the impact of its investments on sustainability.
Taaleri Bioindustry I will invest in industrial scale production facilities that can accelerate the scaling up of bioindustrial production. The products can be, for example, organic and recycled fibers, organic fertilizers, functional biomaterials and recycled materials to replace virgin products.
“The bioindustry is a new, fast growing market, and we see its potential as the next big area alongside renewable energy,” said Tero Saarno, director of Taaleri Bioindustry. “Investors are also very interested in an industry that offers efficient and innovative solutions for sustainable development.
“Taaleri’s vision is to be a Nordic pioneer in alternative investments focused on sustainability. Our first bioindustrial fund is an important step towards our vision, ”said Peter Ramsay, CEO of Taaleri Group.
Taaleri Bioindustry I is a 10-year closed-end private equity fund with a target size of 80 million euros. Taaleri will initially sell the fund to both international investors and large domestic institutional investors. The fund is also to be sold to other investors through Taaleri’s partner Aktia after receiving the necessary regulatory approvals.
Taaleri Bioindustry I is one of Taaleri’s private equity funds. Taaleri channels capital to economically profitable businesses that have a lasting positive impact on the environment and society. Through our private equity funds, we create, for example, wind and solar power and affordable rental housing.
For more information please contact:
Tero Saarno, Director, Bioindustry, +358 50 373 1923, [email protected]
Taaleri in short
Taaleri is a Nordic investment and asset manager with a focus on renewables and other alternative investments. We channel capital to economically profitable businesses that have a lasting positive impact on the environment and society. We have been a signatory of the United Nations Principles for Responsible Investment (UNPRI) since 2010, and we joined the Net Zero Asset Managers initiative in 2021. Taaleri’s vision is to be a Nordic forerunner in alternative investments focused on durability.
Taaleri has two business segments: Private Asset Management and Strategic Investments. Private Asset Management brings together activities related to renewable energies, real estate, bio-industry and infrastructure. The Strategic Investments segment includes Garantia Insurance Company Ltd.
Taaleri has 2.1 billion euros in assets under management in its private equity funds and co-investments. The company has around 120 employees. Taaleri Plc is listed on Nasdaq Helsinki.
Siri Markula, Head of Communications and International Relations, tel. +358 40 743 2177, [email protected]