Credit Suisse Asset Management will partner with Equilibrium to expand the resources through which each of them is able to make capital available to industries and businesses that share in their mutual commitment to sustainability.
Credit Suisse Asset Management and Equilibrium will jointly develop and manage a sustainable infrastructure and resource management platform.
Eric Varvel, Global Head of Credit Suisse Asset Management, commented, "Equilibrium is an ideal partner for our franchise given our shared history in sustainability, alternatives and real assets. This partnership marks another landmark in Credit Suisse's sustainability strategy to help address pressing environmental challenges."
Marisa Drew, Chief Sustainability Officer and Global Head of Sustainability, Strategy, Advisory and Finance at Credit Suisse added, "We are delighted to support CSAM's collaboration with recognized sustainability leader Equilibrium in pursuit of our shared mission to mobilize capital for good. Today's announcement builds on Credit Suisse's long history of ground-breaking sustainability strategies, from co-founding one of the early leaders in microfinance and impact credit, to integrating sustainability into Credit Suisse real estate portfolios, and finally to innovating in the fields of conservation and energy transition finance."
Dave Chen, CEO of Equilibrium Capital, said, "We are excited to partner with Credit Suisse on this mandate to address the changing resource infrastructure landscape. While we cannot reverse climate change completely, we can mitigate its impact by creating more sustainable infrastructure. By managing the environmental risks around food production, waste, water and energy, we can foster greater stability and security in those areas."
For more information:
www.credit-suisse.com
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