CEO Kyle Bass, founder and CIO of Hayman Capital Management, and principal Terry Anderson, a renowned conservationist and land management expert, have launched a private-equity firm focused on environmental sustainability and conservation.
The firm, known as Conservation Equity, will invest in large parcels of undeveloped land in Texas and surrounding states where there is a significant opportunity to raise the value of ecosystems, mitigate environmental impacts, create biodiversity and promote permanent conservation.
The firm selectively will pursue the creation and sale of environmental credits to mitigate wetland, stream, or endangered species habitat destruction, while also providing incremental income for sustainable purposes, such as renewable-energy development, sustainable-forest management, regenerative cattle grazing and carbon sequestration
Anderson said there is a substantial opportunity to acquire larger timberland and rangeland parcels as ESG solut
