Launches & Closures

GLG eyes growth in sustainability funds

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GLG Partners is looking at launching one or more hedge funds focused on sustainable investing – having just rolled out a new UCITS-compliant long-only fund dedicated to the theme, which is run by environmental specialist Jason Mitchell.

The firm believes that sustainability will be one of the largest areas of capital investment globally over the next few decades, as the world goes through substantial demographic, social and environmental changes.

Mitchell’s newly-launched GLG Global Sustainability Equity Fund is tackling the issue from a traditional long-only standpoint, concentrating on sectors and companies that are best placed to take advantage of