Plastic Circularity Fund to scale solutions for a Circular Economy on Plastics Secures First Closing

The Alliance to End Plastic Waste welcomes the successful first close of the Plastic Circularity Fund, managed by Lombard Odier Investment Managers, securing private equity capital from institutional and other accredited investors. There is a tremendous opportunity to turn plastic waste into a resource and drive economies of scale and economic returns.

The Alliance partnered with Lombard Odier Investment Managers to launch the Plastic Circularity Fund to catalyse capital market investment in scalable solutions to remove plastic waste from the environment, increase recycling, and drive the global transition towards a circular economy.

The Plastic Circularity Fund identifies investible opportunities across the value chain - this includes collection and sorting infrastructure, technology-enabled recycling infrastructure, and design solutions for improved plastic durability, reuse, and recyclability.

The Alliance is a seed investor with a US$10 million capital contribution to the Fund. In addition, the Alliance acts as a technical advisor, deploying a team of highly experienced professionals who provide industry-led expert advice on the technical feasibility, commercial viability, and scalability of plastic circularity solutions, as well as waste management technology and infrastructure.

Other investors to the fund to date include Alliance member companies Dow and LyondellBasell Industries, with more to come.

Visit the Lombard Odier website to learn more: https://www.lombardodier.com/

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