BOSTON--(BUSINESS WIRE)--Verto Management, LLC, (Verto) an asset manager and investor in Waste-to-Value opportunities, announced today that it is actively pursuing discussions with incremental capital sources to expand its portfolio of circular-economy investments. Verto also announced today that it has become a signatory of the Principles for Responsible Investment (PRI).
As the world’s leading proponent of responsible investment, PRI is recognized as the standard for industry participants, like Verto, committed to the integration of environmental, social and governance (ESG) principles into their investment evaluation and management practices.
“We are very excited to further demonstrate our commitment to sustainable investing by becoming a member of PRI, and look forward to advancing our shared values, as we strengthen our presence in the growing Waste-to-Value sector and our offering to the investment community,” stated Glenn Smith, Chairman and CEO of Verto.
Verto is targeting an aggregate fundraising of $500 million to convert and recycle growing waste streams into valuable outputs such as energy (heat and power), alternative fuels, and materials (chemicals, fertilizers and other value-add materials).
“It’s a pleasure to welcome Verto Management to the PRI,” said CEO Fiona Reynolds, “and to see their commitment to sustainable investment practices. We look forward to working with them in the coming months.”
About Verto Management, LLC.
After a successful launch in 2018, and with over $235 million of existing assets under management, Verto continues to pursue partnering with best-in-class strategic platforms to provide its investors with unique off-market investment opportunities. The Verto team offers full economic life cycle investment services ranging from deal origination and development to asset management. Capital sources include institutions, endowments, family offices and pension funds. For more information about Verto, please visit www.vertomgmt.com.