Michael Hintze’s hedge fund is mulling a green collateralized loan obligation in Europe as it expands its slate of socially responsible investments.
In a letter to investors seen by Bloomberg, Hintze said CQS is investigating a European CLO aligned with environmental, social and governance criteria. About 60% of CQS’s $21.6 billion of assets under management are already so-called Article 8 mandates, which promote ESG investments, the letter said.
Volta Finance Limited (LON:VTA) is a closed-ended limited liability company registered in Guernsey. Volta’s investment objectives are to seek to preserve capital across the credit cycle and to provide a stable stream of income to its Shareholders through dividends that it expects to distribute on a quarterly basis.