📋 Tender Overview
Project Number
51282
Company Name
AXA IM Natural Capital Fund
Date SPI Disclosed
Sep 1, 2025
Country
France
Region
Europe
Projected Board Date
Oct 3, 2025
Environmental Category
FI-2 - Limited
Status
Pending Approval
Last Updated Date
Department
Disruptive Tech, Service & Funds
Industry
Funds
Sector
Growth Equity Fund
Project Description
The proposed transaction is an equity investment of up to US$25 million in the AXA IM Natural Capital Opportunities Fund ( AXA IM NCOF or the Fund ). The Fund is a closed-end, nature-based solutions (NBS) carbon fund with a target size of up to US$150 million. AXA IM NCOF intends to invest in projects that generate carbon credits either via (i) removal of existing CO2 from the atmosphere (removal carbon credits) through restoration and sustainable management of land such as, planting trees, facilitating natural regeneration or restoring natural hydrology to wetlands or via (ii) avoidance of further CO2 and CH4 emitted through preventing deforestation/forest degradation or the use of low-carbon household devices (avoidance carbon credits).
The Fund will be domiciled in Luxembourg and will be part of a broader Natural Capital strategy which includes the AXA Natural Capital Fund SA SICAV RAIF, (the Main Fund ), a 2023 vintage vehicle launched with a $490m commitment from AXA Group. The Fund aims to invest 100% of its commitments in EMs (predominantly Asia and Latin America, as well as Africa).
