The Prince Albert II of Monaco Foundation and Monaco Asset Management officially announce a successful raise of $73 million for the ReOcean Fund

NY, September 22, 2025 - The Prince Albert II of Monaco Foundation and Monaco Asset Management have proudly officialised that the private equity fund ReOcean has raised up to $73 million. The announcement was made at Nasdaq headquarters in the presence of HSH Prince Albert II of Monaco, on the occasion of the New York Climate Week.

This achievement marks another important milestone for the ReOcean Fund targeting to invest €100M in next generation of ocean innovations to support the transition towards a net-zero, regenerative and more equitable economy. This success demonstrates the growing attractiveness of the blue economy sector for investors convinced by the urgency to align growth with purpose.

As Olivier Wenden, Vice-Chairman and CEO of the Prince Albert II of Monaco Foundation emphasizes it is also a recognition of the strategy implemented by the Foundation since 2023 to combine philanthropy and impact investment

“The ocean, at the core of climate stability and economic resilience, represents a high-potential frontier for sustainable investment. A growing pipeline of innovative companies is delivering scalable, ocean-based solutions with measurable impact. These ventures are not only addressing global challenges but also unlocking new markets and long-term value. Now is the time to catalyse capital into this space and accelerate the transition toward inclusive, future-proof economies. This is the ambition of the ReOcean Fund and I sincerely thank the investors who share our commitment to turn vision into action.”

A common desire to lead systemic changes shared by the Minderoo Foundation who decided to join the ReOcean Fund investors’ table with a €5 million investment. Its significant support was revealed on the same day at Nasdaq by Dr Andrew Forrest, Founder of Minderoo Foundation, alongside the Sovereign Prince and the Prince Albert II of Monaco Foundation’s teams.

“Our oceans are facing unprecedented threats. We need bold, science-led innovation to reverse the damage. By investing in the ReOcean Fund, Minderoo Foundation is backing entrepreneurs and technologies that can deliver measurable impact at scale. These are solutions that not only protect marine ecosystems but also support livelihoods and climate resilience. Healthy oceans are central to a fair future. By backing the ReOcean Fund, we are showing how private capital can deliver impact to scale solutions that protect our environment and people. This is about turning innovation into impact where it matters most.” said Dr Andrew Forrest AO, Founder of Minderoo Foundation.

To date 22 investors have already placed their trust in the fund and a first company has already entered the ReOcean Fund portfolio, NatureMetrics.

The fund will pursue its development & investment phase into innovative companies from series A & B, in 5 key sectors aligned with the SDG 14 (Life Below Water): solutions to plastic pollution - healthy, regenerative and equitable blue food – green shipping and yachting – restoration and protection – ocean data.

Photo : ©Michael Alesi Palais Princier