WaterEquity, a global asset manager dedicated to advancing water and sanitation solutions through private investment, has successfully raised over $100 million for its latest initiative, the Water & Climate Resilience Fund.
This newly established fund is now open for applications and is actively seeking investment-ready infrastructure projects and growth companies that are developing scalable, climate-resilient water and sanitation solutions. The fund places a strong emphasis on investments in Kenya and South Africa within Africa, while also focusing on Brazil, India, Indonesia, Mexico, Peru, and the Philippines.
The primary objective of the fund is to support projects that tackle critical water challenges exacerbated by climate change. Marlene Hormes, Chief Investment Officer at WaterEquity, emphasized the urgency of this initiative by stating;
Climate change is intensifying threats to health, productivity, and critical infrastructure, especially in regions already vulnerable to water stress. This funding initiative will enable us to identify and support projects that leverage private sector investment to advance innovative and impactful water solutions. Our goal is to create sustainable water access, enhance community resilience, and foster long-term positive change in low-income communities across emerging markets.
The Water & Climate Resilience Fund is specifically focused on infrastructure projects and growth companies that operate across the water value chain. The fund targets equity and mezzanine investments, with ticket sizes ranging from $2 million to $15 million. It prefers to take minority ownership stakes and has an investment horizon of five to seven years.
By mobilizing private investment in climate-resilient water infrastructure, WaterEquity aims to address global water challenges while driving sustainable development in vulnerable communities.