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The Sustainable Land Fund, or SLF, was formed in early 2006 by a partnership of national leaders in business, finance, real estate and conservation. SLF’s objective was to bring large-scale committed private capital to conservation and ecosystem restoration.
SLF founders shared a common philosophy that:
- Environmental protection and restoration activities are not only compatible with economic development and returns to investors, but are mutually beneficial;
- Unlocking return on investment from conservation and restoration action on private property is a necessity to promote large scale protection of ecosystems and working landscapes; and
- The growing recognition of the importance of ecological assets and of their increasing scarcity is a fundamental driver that is affecting financial values today.
On September 6, 2007, MuniMae announced the acquisition of the Sustainable Land Fund. The business was re-branded and is currently operating as MMA Sustainable Land Investments, LLC, or MMA SLI. Sharing the same principles that SLF was founded on, MMA SLI is a natural addition to MuniMae’s investment products which promote sustainability, complementing both the real estate and clean energy finance businesses.
As part of the acquisition, MMA SLI established a strategic alliance with Environmental Banc & Exchange, LLC, a national leader in environmental asset management. This partnership provides MMA SLI with a production platform to source investments and environmental asset management services for select investments. |
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