Risky ESG Debt Finds a Buyer as $18 Billion Credit Fund Piles In
- Capital Four says 40% of assets now meet ‘light green’ rules
- Leveraged finance firm says ‘very difficult’ to ignore ESG
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Leveraged finance manager Capital Four says it now has a higher ratio of sustainable assets than the wider fund-management industry on average, as demand for high-risk and high-return ESG products picks up.
The credit manager, which from its base in Copenhagen oversees almost $18 billion in assets, says about 40% now meet so-called Article 8 rules under Europe’s Sustainable Finance Disclosure Requirement, meaning they can be categorized as light green. That compares with a 28% fund-management industry average across Europe.