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MAY 09

Press Release

Hedonova's co-investment in carbon credits yields 18.04% profits

carbon credit

Summary

In May 2023, Hedonova strategically invested $4 million in Wented Agri Trading Limited, a prominent farming and forestry company managing 367,000 acres across China, Thailand, India, and Vietnam. The investment supported reforestation initiatives and secured collateral in India. Wented received 260,000 carbon credits worth $9 million, sold on the European carbon exchange, resulting in a $5.4 million profit for Hedonova. After expenses and tax, clients enjoyed an 18.04% return.

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Ameer Esen

Head of Investor Relations

ameer@hedonova.io

Nafisa Shabbir

Asia and Europe Media Relations Manager

media@hedonova.io

About Hedonova

Hedonova is an alternative investment fund that holds a diversified portfolio of alternative assets. The feeder funds in Switzerland, Luxembourg, Singapore, and India enable European and Asian investors to diversify their portfolios with alternative assets. These include appreciable investments like fine art, vintage wine, sports collectibles, and more.

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