RCS - Red Ribbon Asset Mgt - Impact Investment Note - Insights by BlackRock®

Momentum Multi-Asset Value TrustAnnouncement

26/07/2023 13:45

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RNS Number : 2960H  Red Ribbon Asset Management PLC  26 July 2023

Impact Investment Note - Insights by BlackRock®

Red Ribbon Asset Management Plc launches Red Ribbon Multi-Asset Impact
Investment Note - Insights from BlackRock®

£300 million Multi-Asset Impact Investment Note

Exposure across 13 strategies incubated by Red Ribbon

Insights from BlackRock® for ESG ETF Portfolio

Corporate Update

Red Ribbon Asset Management Plc (‘Red Ribbon’) announces the launch of its
£300 million Multi-Asset Impact Investment Note with Insights from
Blackrock®.

The Multi-Asset Impact Investment Note offers diversified exposure across
three platforms: Real Estate, Fintech and Funds based on three alpha
generating strategies: Impact Investment, EmergingTech and Emerging Markets.
This further consists of 8 direct investments, 5 funds and a discretionary ESG
strategy guided by BlackRock® each of which contribute to uncorrelated
returns.

 

Key Points

 * Strategy:

 * * The strategy is underpinned by the belief that measurable environmental and
social impact - while delivering uncorrelated returns - is only possible
through active forward and backward integration of business models, incubated
with clearly defined ESG deliverables

 * The business model is firmly biased toward Emerging Markets while applying
Emerging Technologies to enhance efficiency, transparency, security and
customer experience

 * The portfolio is diversified across three platforms: Real Estate, Fintech and
Funds; each contributing distinct alpha to Red Ribbon’s return profile

 * Terms:

 * * 7 year term with a 5 year lock in

 * Income in the form of annual coupon of 8.75%

 * Capital growth realised from the growth of the underlying projects and funds -
on the Note’s conversion into ordinary shares at Red Ribbon IPO

 * Combined return: estimated cash-on-cash return of 2.1 times based on Red
Ribbon's IPO valuation in Year 7

Statements

"A portfolio today cannot be only balanced. It has to be advanced and
responsible as well. We believe a portfolio is balanced when at least 10% is
invested in emerging markets, advanced when there is active application of
EmergingTech and responsible when the strategies conform to Impact Investment
principles. We are pleased to work alongside BlackRock®, the world’s
largest asset manager, providing their insights for our ESG strategies to
combine alpha generating performance while improving the world" said Suchit
Punnose, Group CEO.

About Red Ribbon

Red Ribbon, established in 2007, is a financial services group headquartered
in London. Its vision is to  be part of, as well as assist in building
resilient economies within emerging markets through well governed businesses,
which strive to reduce environmental impact whilst creating value for the
society at large. Unlike traditional VCs it incubates projects that it
incorporates, structures, invests and grows with a carefully chosen
entrepreneurial CEO and team that executes the vision and strategy it
formulates.

The company’s approach to investment is taking a long term position in all
its investments and has a forty year view on its target markets. The company
was founded by a team of entrepreneurs, financial advisors and senior
corporate leaders with several decades of experience gained in finance,
insurance and real estate. Red Ribbon’s directors are fully aligned with its
stakeholders with a personal investment in every project undertaken. The group
has an international presence in Germany, Gibraltar, The Netherlands,
Mauritius and in India namely Delhi, Pune and Kochi.

 

About BlackRock®

BlackRock is one of the world’s leading providers of investment, advisory
and risk management solutions. With over $10 trillion under management, 19,000
employees in 36 countries, BlackRock invests for the future on behalf of their
clients, inspires their employees, and supports local communities.

Links

www.redribbon.co/mii-note-blackrock
(https://www.redribbon.co/mii-note-blackrock)

Enquiries

enquiries.uk@redribbon.co (mailto:enquiries.uk@redribbon.co)

 

 

 

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