Dalma, Exergy Capital establish Sharia-compliant and sustainable energy fund
Summary
The investment strategy seeks to generate attractive risk-adjusted returns by investing in real assets throughout the energy value chain.
Dubai-based alternative investment fund, Dalma Capital Management Limited, and Exergy Capital – a London-based advanced energy investment firm – have established a Sharia-compliant investment strategy to develop the infrastructure and technology required to reshape the energy value chain.
According to a statement released by Dalma Capital on Wednesday, the investment strategy seeks to generate attractive risk-adjusted returns by investing in real assets throughout the energy value chain, predominantly in Europe.
The investment strategy is also touted to provide the world’s first Sharia-compliant and ESG (environmental, social and governance) private equity structure. By following a private equity structure, it will generate capital gains for investors and focus on uncrowded niches in the energy and interconnected sectors. The global energy transition is a structural shift toward sustainable and low-carbon energy.
“The current global energy transition is driving an inevitable geopolitical shift and creating unique opportunities not seen in generations,” Erich Becker, Founder and Managing Partner of Exergy Captial, said. “The next few years of the transition are critical. Investors will need to understand the unique opportunities as they are unlikely to come around again.”
Exergy Capital, according to the statement, is backed by Winton Group, a global investment management and data science company. As an ESG-rated private equity firm, Exergy Capital pursues an advanced energy investment approach focused on the infrastructure and businesses that are driving the global energy transition.
“Investing in the energy of the future provides a hedge to fossil fuel economies, benefiting investors in the Middle East and beyond who are either directly or indirectly exposed to the conventional energy value chain,” said Zachary Cefaratti, the CEO of Dalma Capital.
Located in the Dubai International Financial Centre (DIFC), Dalma Capital primarily serves institutions, family offices and corporations – managing their alternative investment and advising on innovative financial products.
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