HSBC AM hires climate technology team

HSBC Asset Management has hired a climate technology team as part of its strategy to develop its investment capabilities in alternatives.

The team will develop a venture capital investment strategy targeting global startups addressing climate change challenges, focusing on areas such as energy, transportation, agriculture, and supply chains.

The first fund is planned to be launched before the end of the year with a “cornerstone” investment from HSBC.

Christophe Defert has been appointed as head of climate technology investments. Prior to joining HSBC AM, Centrica spent 10 years at energy multinational Centrica.

Defert has over 16 years experience in investment banking, private equity, energy contracts and more.

He is joined by Michael D’Aurizio, who joins as investment director, climate technology, and brings over 10 years’ experience in power, utilities, and clean energy.

The team reports to Remi Bourette, head of venture and growth investments, who joined the firm last year from HSBC Global Banking and Markets. 

© 2021 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST