- Investment vehicles and fund managers must be separate legal entitïes
- Innovative projects
- Growth potential
- Scalable and replicable investment strategy
- High social and/or environment impact
- Extra-financial support to investees
- Blended capital attractive for both public and private investors
Visionary fund managers
- Fund managers raising their first or second time climate finance fund
- Skilled and knowledgeable in investment structuring and climate finance
- Entrepreneurial, agile and innovative
- Strong focus on fundraising and in scaling-up businesses
- Committed to creating long-lasting impacts
- Local presence and/or support of investees
- Contribution to the Luxembourg climate finance ecosystem
- Express your interest to the ICFA: Fund Managers interested in applying to the ICFA Luxembourg should first carefully review the Eligibility Criteria, then send an email to email@example.com. The ICFA Luxembourg will contact you to request more information.From December 7th 2018 until December 31st 2018.
- Receive the application toolkit: your ICFA contact will send you the application details and conditions, as well as the list of documents required to submit your application
- Send your draft application pack (application form and required documents): once you have sent your draft application file, you will receive comments from your ICFA contact (send the draft application deck by February 3rd 2019)
- Get together for trainings: all eligible applicants will be invited to a pre-selection workshop in Luxembourg. (which will take place on February 7th)
- Send your final application pack: complete the application form and send it to the ICFA Luxembourg together with the required supporting documents. A confirmation email will be sent to you to confirm reception of the documents. (final application pack to be send by February 24th 2019)
From receipt of your expression of interest until February 24th 2019.
- Final eligibility check: a final eligibility check will be performed on your complete application file. (from February 25th to March 17th 2019)
- Selection Committee assessment: all eligible applications will be submitted to the Selection Committee for assessment with regards to the selection criteria (from March 20th to May 2nd 2019)
- Final decision: ICFA Luxembourg will make its final decision and announce the 4 members of the Spring Cohort on May 3rd 2019.
- Move into the spotlight: congratulations! Successful applicants will be publicly announced and on-boarded as members of the first ICFA Luxembourg Cohort
- Team-up under the same roof: Cohort members will have the chance to work alongside each other at the House of Start-ups!
- Launch your fund: you will have 18 months to demonstrate your full potential, benefit from the full support of the ICFA Luxembourg and launch your fund!
Andre Weidenhaupt: Since March 2014, Dr. André Weidenhaupt is Director General of Luxembourg’s Ministry of the Environment, Climate and Sustainable development. He is in charge of environmental issues related to the human environment (climate change, sustainable development, circular economy, clean air, water protection, waste management, noise, chemicals, and industrial pollution prevention) as well as all European and international environmental issues and the budget.
From September 2005 to March 2014, Dr. André Weidenhaupt has been Director of Luxembourg’s Water Management Agency (Administration de la gestion de l’eau). In this position he chaired the International Commissions for the Protection of the Moselle and the Sarre (2010‐2011) and from 2011 to 2013 he has been the Chair of the International Commission for the Protection of the Rhine (ICPR).
Prior to join Luxembourg’s civil service, Dr. André Weidenhaupt lectured Environmental Technology at the Luxembourg University of applied sciences and was the Director of the Environmental Technology Research Centre (CRTE) at the Public Research Centre CRP Henri Tudor in Luxembourg.
Bass Brimer: Baas Brimer is an expert in environment and climate change working for Lux-Development, the development cooperation agency of the Luxembourg government. He advises on environment and climate related matters and provides guidance and technical support to LuxDev’s various projects and programmes around the world. Currently a key objective is to mainstream climate change action (adaptation and mitigation) into development work. In his current function he observes and analyses public policies and trends, support thematic studies and documents best practices. In partner countries he supports the strengthening of capacities and fosters partnerships and collaboration. At LuxDev he advises on the company’s efforts to deliver on Corporate Social and Environmental Responsibility.
Before joining LuxDev, he worked for PwC, EY, the European Commission and the UN World Food Programme in the Climate and Disaster Risks Reduction unit. He is an alumnus of the TU Bergakedamie Freiberg and holds a MSc in earth system science and multilingual in English, French, German, Italian and Luxembourgish.
Christopher Knowles: Christopher is an independent advisor on climate and environmental finance. Until 2018 he was a long term staff member of EIB with a background covering development economics and finance, project finance, PPPs as well as conventional credits to corporate and banking customers. He started to develop serious concerns about climate and environmental degradation in the 1980s, in part having seen the environmental damage wrought by uncontrolled heavy industry in the CEE region and also being exposed to environmental and demographic stress in many developing countries. In his final role at EIB – leading a team focused on climate and environmental finance and junior risk products – he sought to ensure that EIB, the free world’s largest publicly owned bank, contributed appropriately to the climate change agenda, through scale (€20bn annually) and innnovation.
He is a member of the advisory councils for the OECD Centre for Green Finance and Investment and also the Climate Bond Initiative. He has served on the Supervisory Boards and Advisory Committees of numerous clean energy, environmental, infrastructure and carbon funds, and continues in this capacity as an Independent Director of fund vehicles.
Gregory Fayolle: Gregory is the founder and Managing Director of ORAXYS, a leading Luxembourg-based Private Equity firm that is expert in European growth capital and environmental impact investment.
Previously Gregory worked in Private Equity at Societe Generale Asset Management and in Mergers & Acquisitions at Andersen Corporate Finance. He has a 15 years background of deals in France, Benelux, Switzerland, England and in the United States.
Moreover, Gregory has been responsible for 2 years of the Environment sector at the French Ministry of Economy in Thailand.
Pauline Fruchaud: Pauline Fruchaud is a seasoned investment executive with more than 15 years of experience in impact investing, microfinance and international development in emerging and frontier markets.
She has an extensive expertise in investing in and managing a portfolio of Debt and Private Equity Funds, financing SME banks and microfinance institutions, structuring and managing microfinance funds and leading local economic development programs in frontier markets. Pauline is currently an Investment Manager for Obviam, the investment advisor of the Swiss Investment Fund for Emerging Markets (SIFEM), the Swiss Development Finance Institution. She serves on the Boards and Advisory Committees of several Private Equity and Debt investments funds in Africa and Latin America.
Prior to joining Obviam, Pauline worked as the Head of Eastern Europe for BlueOrchard, a leading impact investment manager, for UN agencies (UNDP Cuba and UNICEF) and for a microfinance institution in Cambodia.
She holds an MBA from York University, Toronto, Canada and MSc in Management from EM Lyon, France. She is multilingual in English, French and Spanish.