LuxFLAG introduces applicant fund status
LuxFLAG’s Applicant Fund Status is available for newly launched funds in their initial subscription phase, showcasing their commitment to responsible investing principles. The Applicant Fund must commit to apply for a LuxFLAG Fund Label once eligible.
New Earth Fund S.C.A. SICAV-RAIF - Nevhouse I is the first fund to receive the new applicant fund status. The aim of the sub-fund is to invest in sustainable affordable housing and provide modular flat-pack homes, schools, and medical clinics made from recycled plastic and other waste products to impoverished communities worldwide.