Tareno Ltd acquires Vontobel Fund II – Sustainable Water
We are pleased to announce that we will acquire Vontobel Asset Management‘s Sustainable Water Fund as of 1 September 2019.
As part of a process of streamlining its product range, Vontobel has decided to cease its management of Vontobel Fund II – Sustainable Water. In Tareno’s water fund, Vontobel has found an ideal partner with a longstanding and successful track record in water-related investments to take over their fund.
As a result of the merger, the assets under management of the Tareno Global Water Solutions Fund will increase from around EUR 90 to EUR 140 million.