Funding Amount

$500,000,000

Deadline

Rolling / Open

Grant Type

foundation

Overview

Plastic Circularity Fund

Overview: A collaborative private equity fund launched by Alliance to End Plastic Waste and Lombard Odier Investment Managers to catalyze capital market investment in scalable solutions for circular economy in plastics.

Fund Details:

  • Target Capital: US$500 million from institutional and accredited investors

  • Announcement Date: May 12, 2022

  • First Closing: September 2023

  • Status: Active fund, currently raising capital
  • Manager: Lombard Odier Investment Managers (LOIM)

    Alliance Role:

  • Cornerstone investor with US$10 million capital contribution

  • Technical advisor deploying experienced professionals

  • Provides industry-led expert advice on technical feasibility, commercial viability, and scalability
  • Investment Focus Areas:

  • Collection and sorting infrastructure

  • Technology-enabled recycling infrastructure

  • Design solutions for improved plastic durability, reuse, and recyclability

  • Innovation in plastic chemistry and production

  • End-of-life treatment solutions

  • Waste management infrastructure (upstream and downstream)
  • Market Opportunity:

  • Transition to circular plastic value chain represents US$1 trillion global economic opportunity by 2030

  • Only 9% of world's plastic currently recycled

  • Growing demand for recycled materials
  • Investment Criteria:

  • Scalable solutions

  • Direct contribution to circular economy for plastic

  • Technical feasibility

  • Commercial viability

  • Positive environmental, social, and economic impact

  • Attractive financial returns
  • Current Investors:

  • Alliance to End Plastic Waste ($10 million)

  • Dow (Alliance member company)

  • LyondellBasell Industries (Alliance member company)

  • Additional investors to come
  • Geographic Scope: Global

    Background:

  • Only 9% of world's plastic recycled

  • Most plastic ends up in incineration, open dumps, landfills, or environment

  • Systemic transformation needed for circular economy

  • Significant capital investment required
  • Expected Outcomes:

  • Scale innovative solutions

  • Remove plastic waste from environment

  • Increase recycling rates

  • Drive global transition to circular economy

  • Generate positive financial returns

  • Create economic value from plastic waste
  • How to Apply

    How to Invest

    Investor Types:

  • Institutional investors

  • Accredited investors
  • Fund Management:

  • Managed by Lombard Odier Investment Managers (LOIM)

  • LOIM serves as fund manager and advisor
  • Investment Approach:

  • Direct and co-investments

  • Private equity across all segments

  • Target opportunities across plastic value chain
  • Fund Strategy:

  • Portfolio companies selected for:

  • - Technical feasibility
    - Commercial viability
    - Scalability potential
    - Environmental impact
    - Economic returns

    Application Process:

  • Interested institutional and accredited investors should contact Lombard Odier Investment Managers

  • Fund raising ongoing with first closing completed September 2023

  • Target of US$500 million in total capital
  • Contact & More Information:

  • Lombard Odier website: https://www.lombardodier.com/

  • Lombard Odier Investment Managers contact for investor inquiries
  • Focus Areas & Funding Uses

    Fields of Work

    environmenttechnology

    Categories

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