ADM Capital's food-focused Cibus Fund successfully closed at
more than $320 million following its designation as the first
Guernsey Green Fund.
Subscriptions for the Guernsey fund, launched in 2017, stood at
$208 million at the end of September 2018. By the time it closed a
month later, after registering as a Guernsey Green Fund in
mid-October, it stood at $322 million.
"Clearly there were a number of contributing factors, but I
do think an important factor in bringing in those later funds,
getting investors who were thinking about it to actually commit,
was the Guernsey Green Fund designation," said Jeremy
Alun-Jones, Group Chief Operating Officer at ADM Capital, who spoke
at the London launch event for the umbrella body Guernsey Green
Finance.
