Sonen Capital closes $75 million Global Sustainable Real Assets fund

By Wendy Van Sickle

Columbus, Ohio, Feb. 23 – Sonen Capital LLC closed its $75 million Global Sustainable Real Assets fund, a private global real assets impact investment fund, according to a press release.

The fund strategy aims to “accelerate the transition to a low-carbon environment, promote resource use efficiency and increase the stock of land, water and trees under sustainable management,” the release states.

To fund has so far made eight commitments addressing affordable housing, clean energy, green real estate and timber in Africa, Asia and the United States. It achieved its capitalization target with contributions from a global mix of family offices, foundations and financial institutions.

"Together with our LPs, we will work to meet our impact objectives of sustainability, efficiency, renewability and restoration with strong returns by investing in a global portfolio of high-quality real asset managers,” Raul Pomares, founder of Sonen Capital, said in the release.

“The fund will be diversified across sectors, strategies, investment stages and geographies. We are excited about the opportunity to address head-on the pressing challenges of natural resource scarcity and broad climate change through the deployment of these assets.”

Based in San Francisco, Sonen Capital is a registered investment adviser dedicated to serving the impact investment field.

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