Aztec Group has supported Synthesis Capital with the fundraising activities and final close of its first fund, Synthesis Capital Fund I, which was established as a Guernsey Green Fund.
Raising more than $300m, the food technology fund will focus on investing in pioneering businesses bringing technology solutions to global food system challenges, including meat and protein alternatives.
Aztec supported the establishment and investor onboarding of the fund and will continue to provide administration and accounting services from its Guernsey office.
Aztec Group Director Cara McErlane (pictured) said: “This is a great example of the Guernsey Green Fund working in practice. With the aim of harnessing technology to address one of the world’s most pressing issues – challenges to the global food system – this launch confirms that Guernsey is well equipped to service innovative asset classes in green finance.”
Synthesis, an investment firm based in London, has since 2014 invested primarily in transformative food technology innovations, with a focus on alternative proteins.