NatWest Trustee and Depositary Services has been appointed as the chosen depositary for a new Dalmore Capital fund, known as Dalmore Capital Fund 4 LP.
Dalmore Capital is an independent fund management company that focuses on investment in infrastructure assets in the UK.
Its new vehicle, Dalmore Capital Fund 4 LP, builds on successful investment strategies used for existing Dalmore Funds and has a target size of £1 billion, according to NatWest.
The vehicle has a strategic focus on investing in assets with strong environmental, social, and governance (ESG) credentials that provide sustainable long-term returns.
According to Matthew Hiscock, head of alternative funds business development UK, NatWest Trustee and Depositary Services, the appointment for this new fund launch is a great reflection of Dalmore’s confidence in NatWest’s business and continued commitment to ESG.
Hiscock says: “We’re excited to be playing a key role for a client whose investment strategy reflects our own purpose-led strategy by investing in assets with strong ESG characteristics.”
“We look forward to continuing to build rapport with the Dalmore team and welcome them to our rapidly growing alternatives franchise,” Hiscock explains.
Julia McIntosh, finance director, Dalmore Capital, adds: “We’re delighted to be supported by NatWest Trustee and Depositary Services on our new fund and joining its alternatives business.”
“We’re committed to partnering with organisations that share our vision of supporting the ESG agenda and we look forward to building our relationship with the team.”
