Hedge fund veteran pitches first-ever emissions risk transfers


Andrew HohnsSource: Newmarket Capital

LONDON: A veteran of alternative investment management has started pitching a new type of securitisation he says will allow banks to cut the carbon footprint of their balance sheets.

Andrew Hohns, a former managing director at hedge fund Mariner Investment Group who now runs Newmarket Capital, said he was currently in talks with a number of banks to construct such novel transfers.

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