Lombard Odier selects Equity Trustees for its inaugural offering in Australia

The asset management arm of Swiss-based Lombard Odier, Lombard Odier Investment Managers (LOIM), has announced it has selected Equity Trustees as its first offering in Australia, the LOIM Sustainable Private Credit Unit Trust.

The new trust, as a feeder into the existing LOIM Sustainable Private Credit Strategy’s Luxembourg-based master platform, will seek to provide investors with capital preservation and compelling risk adjusted returns via senior secured private loans to predominantly North American providers of climate solutions.

The Trust is the 227-year old Group’s first offering in the Australian market through AFM Investment Partners (AFM) and recognises the substantial profile of Australian investors within private credit alongside their growing commitment to sustainable investing.

LOIM is the asset management arm of Lombard Odier, one of the oldest Swiss private banks with over 225 years of experience, with the Group total client assets of $517 billion as at the end of June 2023.

LOIM also has a network of 13 offices and more than 170 investment professionals across Europe, Asia and North America, with assets under management of $122 billion (as at 30 June 2023).

“We are pleased to announce the Australian launch of our flagship strategy that seeks to generate measurable global climate impact and capitalise on what we see as “green alpha” potential – investable opportunities where the environmental transition may be a key driver of growth,” Vincent Magnenat, Asia Regional Head and Global Head of Strategic Alliances at Lombard Odier, said.

“Providing investor access to bespoke income-producing investments within climate transition market niches, the strategy seeks to deliver a purposeful integrated approach, catalysing the resources of Lombard Odier’s dedicated sustainability research platform.”