{"id":315826,"date":"2025-09-24T15:46:55","date_gmt":"2025-09-24T13:46:55","guid":{"rendered":"https:\/\/www.monaco-tribune.com\/2025\/09\/prince-albert-ii-announces-73-million-raised-for-reocean-fund\/"},"modified":"2025-09-24T15:49:18","modified_gmt":"2025-09-24T13:49:18","slug":"prince-albert-ii-announces-73-million-raised-for-reocean-fund","status":"publish","type":"post","link":"https:\/\/www.monaco-tribune.com\/en\/2025\/09\/prince-albert-ii-announces-73-million-raised-for-reocean-fund\/","title":{"rendered":"Prince Albert II announces $73 million raised for ReOcean Fund"},"content":{"rendered":"\n

The Prince Albert II of Monaco Foundation and Monaco Asset Management have officially raised 73 million dollars for the ReOcean Fund.\u00a0<\/strong><\/p>\n\n

The amount raised shows the growing attraction of the blue economy sector for investors who are convinced of the urgent need to reconcile growth and sustainability.<\/p>\n

\n
\"ReOcean

\u00a9 Michael Alesi \/ Prince’s Palace<\/em><\/p><\/figcaption><\/figure>\n<\/div>\n

Live broadcast of the ceremony <\/h2>\n\n

Prince Albert II opened the Nasdaq stock market on Wall Street on Monday, a traditional American ceremony that is broadcast live on television. The event marked the official launch of the capital round for the ReOcean Fund, a private equity fund managed by the Prince Albert II Foundation and Monaco Asset Management. This announcement was made during Climate Week in New York. The event also provided an international dimension to Prince Albert II’s dedication to the environment, which he has been pursuing for twenty years.<\/p>\n\n

The fund aims to raise \u20ac100 million to invest in the next generation of ocean innovations and accelerate the transition to a carbon-neutral blue economy.<\/p>\n\n

Monaco officially recognises Palestine: Prince Albert II calls for two-state solution at UN<\/a><\/p>\n\n

Andrew Forrest’s Minderoo Foundation joined the investors with a contribution of \u20ac5 million, bringing the total number of contributors to 22. In his speech, Prince Albert II called on the financial community to collaborate:\u00a0“<\/em>Real progress can only be reached through collaboration. Collaboration with scientists, with NGOs, with political leaders, but also with the private sector. Your role is essential to drive the change that we urgently need.”<\/em><\/p>\n\n

The ReOcean Fund targets innovative Series A and B companies in five sectors that are aligned with SDG 14: anti-plastic pollution solutions, sustainable blue food, green shipping, marine restoration and ocean data.<\/p>\n\n

<\/p>\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The Prince Albert II of Monaco Foundation and Monaco Asset Management have officially raised 73 million dollars for the ReOcean […]<\/p>\n","protected":false},"author":80,"featured_media":315599,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[247,243,254],"tags":[2830],"post_sectags":[4993],"post_format":[2465],"class_list":["post-315826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news","category-people-en","tag-prince-albert-ii-en-2","sectag-prince-albert-ii-foundation","format-in-brief"],"acf":[],"yoast_head":"\nPrince Albert II announces $73 million raised for ReOcean Fund<\/title>\n<meta name=\"description\" content=\"The Prince Albert II of Monaco Foundation and Monaco Asset Management have officially raised 73 million dollars for the ReOcean Fund.\u00a0 The amount raised\" \/>\n<meta name=\"robots\" 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