Saving nature must be more profitable than destroying it.
A scientist-built, impact-first multi-strategy hedge fund targeting a 14% net IRR. The fund specializes in protecting Key Biodiversity Areas (KBAs) from destructive extraction by: 1) financing sustainable, cash-yielding eco-lodge infrastructure; 2) investing in US publicly-listed companies actively advancing six United Nations Sustainable Development Goals; and 3) supporting a store-of-value allocation in BTC as a systemic replacement for physical gold.
SDG 13 • Climate action
SDG 15 • Life on land
SDG 7 • Clean energy
SDG 6 • Clean water
SDG 1 • No poverty
SDG 8 • Decent work
The challengeMining-induced deforestation was estimated at 1,976,500 hectares between 2001 and 2023, emissions of 0.75 Pg CO₂, and concentrated in the most species-rich ecosystems. |
Gold mining does not happen in deserts or rocky outcrops devoid of life. It happens where life is most dense and most irreplaceable. |
Mining-induced deforestation claimed 944,000 hectares of Amazon rainforest between 2019 and 2023 (Finer & Ariñez 2024). |
The strategy
Three distinct books. One auditable impact thesis.
IMPACT EQUITY BOOK
US-Listed, carbon and biodiversity-positive
40% of NAV.
Highly concentrated liquidity-matching book holding between 4 and 10 US-listed corporate positions to manage active cash reserves without an impact return drag. Long-only outside defined stress conditions, minimal turnover — the discipline is to find the mispricing and not get in the way of compounding.
- Each holding represents 10–25% of the sleeve and is strictly capped at 10% of total fund NAV.
- Portfolio entry requires a Sustainalytics ESG Risk score below 20, actively advancing SDGs 13 and 15.
- Delivers a historical 30–50 basis point annualized outperformance premium over its parent index.
- Monitored quarterly via a rolling 3-year Sharpe ratio against the MSCI ACWI.
PRIVATE CREDIT SLEEVE
Rainforest Eco-Lodges in Key Biodiversity Areas
20% of NAV.
Catalytic debt financing deployed to sustainable eco-lodge infrastructure operators demonstrating verifiable reductions in deforestation within global Key Biodiversity Areas (KBAs), replacing the economies of illegal gold mining, logging, and hunting with durable livelihoods.
- Structured facility bands ranging from $2 million to $10 million per project, capped at 5% of total fund NAV per single borrower.
- Capped at a maximum of 4 concurrent facilities at any single time to ensure rigorous, auditable local data verification.
- Targets a 6% cash yield on deployed capital.
- Financials are audited yearly to maintain a 6% debt service coverage ratio, while conservation polygons are verified against Global Forest Watch annual deforestation alerts.
STORE-OF-VALUE MACRO HEDGE
Bitcoin ETF as a systemic replacement for gold
40% of NAV.
A liquid, systematic store-of-value allocation via BlackRock’s Bitcoin ETF (IBIT) functioning as a structural replacement for physical gold to reduce the downstream capital driving speculative Amazonian deforestation while protecting investor principal against inflation and macroeconomic degradation.
- Documented LP side-letter co-commitment to reduce physical gold AUM by $1 for every $1 allocated to the Bitcoin sleeve.
- Leverages programmatic scarcity to hedge against macroeconomic degradation and inflationary shocks.
- Actively tracked for post-2022 regime shifts and heightened equity correlations under changing monetary cycles.
- Allocation cuts by 50% if Bitcoin underperforms the LBMA Gold Price benchmark by more than 10% cumulatively over four consecutive calendar years.
The target return
An explicit, auditable path to 14% net IRR.
20%
gross appreciation target on the equity and BTC book
6%
cash yield target on the private credit sleeve
~17.2%
blended gross return across both books
~14%
net to LPs after 2% management fee & 20% carry above the 6% hurdle
Investment products
IMPACT GROWTH FUND
For accredited investors looking for a hands-off approach to growing their capital in high APY carbon-positive US equities while having a positive environmental and social impact.
Assets: ETFs, Stocks.
Risk profile: High.
Availability: US-based accredited investors and non-accredited foreign investors.
Liquidity: Medium.
Core Sustainable Development Goals (SDGs):
INCOME-GENERATING FUND
For income-focused US-based accredited investors looking for high yields from a portfolio of private debt for ecotourism projects having a positive environmental and social impact.
Assets: Private credit.
Risk profile: Low.
Availability: US-based accredited investors only.
Liquidity: Low.
Core Sustainable Development Goals (SDGs):
 Tenet 1: Capital flows to where it sees return. We believe investors who save nature should vastly outperform those seeking to destroy it. |
Tenet 2: To successfully entice capital away from industrial gold mining in the Amazon, green investments cannot simply appeal to ethics—we must match or exceed gold’s current immense profitability. |
Tenet 3: Capital can be one of the largest levers for positive environmental impact when purposefully deployed. |
