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40 | BLUE ECONOMY AND BLUE FINANCE
REOCEAN FUND
Launch of the Blue
Investment Fund
The Prince Albert II of Monaco Foundation and Monaco Asset Management
have joined forces to launch the ReOcean Fund, a private equity fund
dedicated to SDG 14 - Aquatic life
On Tuesday, 21 March 2023, The Prince Albert II of
Monaco Foundation and Monaco Asset Management,
key player in the Monegasque financial market, offi- IN
cially launched a new private equity fund in the pre- FIGURES
sence of HSH Prince Albert II of Monaco. The fund is
designed to support the United Nations' Sustainable ■ 100 million € investited
Development Goal 14, which focuses on "aquatic life". in blue economy companies
The aim of this innovative Blue Finance initiative? In-
vesting €100 million to propel the next generation of
ocean innovations towards supporting the transition to
a net-zero, regenerative and fairer economy.
