• Monday 15, Nov 2021

European Investment Fund, Chr. Augustinus Fabrikker, Minderoo Foundation and Builders Initiative to commit €60m of Ocean 14 Capital’s €150m inaugural impact fund

The European Investment Fund (EIF), Chr. Augustinus Fabrikker, Builders Initiative and Minderoo Foundation have approved commitments to become cornerstone investors in Ocean 14 Capital’s inaugural fund, the first large investment fund to focus exclusively on the blue economy. EIF has approved a commitment of €35 million to the fund, while Chr. Augustinus Fabrikker is allocating €15 million. Builders Initiative and Minderoo Foundation will commit €10 million together, bringing the total to €60 million.

The fund is a unique combination of marine industry and nature conservation knowledge that comes from Ocean 14 Capital, a private equity firm focused on the United Nations’ Sustainable Development Goal 14 (SDG14), which aims to conserve and sustainably use the oceans, seas and marine resources for sustainable development.

1. First large investment fund fully dedicated to the Blue economy under BlueInvest, a joint initiative by the European Commission and the European Investment Fund
2. EIF’s investment is guaranteed by the European Fund for Strategic Investments, the main pillar of the Investment Plan for Europe
3. The announcement takes place on the sidelines of the World Biodiversity Summit in the context of the UN Conference on Climate COP26 in Glasgow

Read more information about the European Investment Fund (EIF) and Ocean 14 Capital in EIF's site!