Investment Objective
Coeli Renewable Opportunities is a long/short equity hedge fund targeting high risk-adjusted returns over the cycle. The investment universe consists of renewable energy equities as well as companies in adjacent sectors where the focus is decarbonisation. The fund has a global mandate but is focused on North America and Western Europe. The investment process is centered around a top-down analysis of supply and demand in the sub-sectors, complemented with a detailed bottom-up analysis to identify companies with and without sustainable competitive advantages.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.9 | 0.3 | 0.4 | 0.5 | 0.8 | 0.4 | 0.6 | 0.5 | 0.6 | 0.1 | 0.6 | 0.4 | 0.4 | |
| 2022 | 0.4 | 0.4 | 0.4 | 0.6 | 0.7 | 0.3 | 0.3 | 0.1 | 0.8 | 1.0 | 0.6 | 1.0 | 0.3 |
