Energy transition investment firm Oryx Global Partners has secured a Category 3C (CAT3C) fund manager license from the Financial Services Regulatory Authority (FSRA) of ADGM.
The license has also been signed by the Abu Dhabi Sustainable Finance Declaration.
Oryx invests in the minerals value chain, targeting critical and strategic minerals assets in favorable jurisdictions where they can create a positive impact.
The Category 3C fund manager license provides a robust regulatory framework for Oryx to manage investment funds and portfolios, while leveraging Abu Dhabi’s infrastructure and global connectivity.
The license enables Oryx to manage investment funds and portfolios, with their focus on advancing responsible and sustainable investment strategies in the minerals value chain, targeting critical and strategic minerals assets, in favorable jurisdictions.
By signing the Abu Dhabi Sustainable Finance Declaration, Oryx reinforces its position as a pioneer of responsible and sustainable practices in the minerals investment space, creating value for its investors and broader stakeholders.
ADGM has established itself as a leading hub for innovation in finance, committed to fostering a financial ecosystem that is trusted and progressive.
The fastest growing financial centre in the region, it is home to almost 150 asset and fund managers and almost 3,000 operational entities.
Oryx will benefit from ADGM’s infrastructure as well as its strategic location and connectivity to both Eastern and Western markets, allowing the team to reach its key markets and investors with relative ease.
Write to Adam Orlando at Mining.com.au
Images: Unsplash
