The ReOcean Fund announces its governing committees
On Friday, July 7, 2023, the Prince Albert II of Monaco Foundation and Monaco Asset Management officially unveiled the members integrating the governing committees of the ReOcean Fund, a private equity fund dedicated to SDG 14, Life below water, launched in March 2023.
The ReOcean Fund’s strong governance is divided into three different committees with specific roles and missions to ensure impact throughout the investment lifecycle while guarantying integrity and deep expertise both in economy and finance and in ocean issues.
The Impact Committee gather experts on the investment verticals of the ReOcean Fund, providing an opinion on the potential impact of each deal. The Impact Committee holds a veto right on transaction in case they estimate the potential investee’s activities being not impactful enough to be presented to the investment committee.
The Advisory Committee is constituted by experts, business leaders and investors who will advise the management and support the fund on ad-hoc questions. The members will contribute to guide the fund in the development of its strategy and to unlock growth and investment opportunities.
The Investment Committee is the senior management of the Fund. The 4 constituting members are key representatives from the two entities leading the ReOcean Fund: Monaco Asset Management and the Prince Albert II of Monaco Foundation. Taking into account the inputs provided by the impact and advisory committees, members of the Investment Committee are the ultimate decisionmakers on each investment opportunity that will integrate the fund.