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London fund with ties to Cyprus invests in AI, green energy, health

London fund with ties to Cyprus invests in AI, green energy, health

Brookstreet Equity Partners, a Greek-founded fund management firm, whose investment footprint includes Cyprus, this week launched a new investment platform based in London.

According to an official announcement, the new platform focuses on critical sectors such as artificial intelligence (AI), green energy, as well as health and longevity.

“We believe these sectors will drive the future for the foreseeable future, creating sustainable value and fostering innovation,” the company stated.

The company said that it has established a significant presence in Greece and Cyprus, noting that, through its investments in various companies, it has helped increase their value, while also enabling them to access foreign markets.

In addition, the company pointed out that is one of the 5,500 global signatories of the United Nations Principles for Responsible Investment (PRI).

Principles for Responsible Investment (UNPRI or PRI) is a United Nations-supported international network of financial institutions collaborating to implement six aspirational principles.
According to the PRI, these principles aim to help investors understand the implications of sustainability and incorporate environmental, social, and corporate governance factors into their investment decisions, contributing to a more sustainable global financial system.

In terms of artificial intelligence, Brookstreet said that it focuses on investment opportunities in areas such as Software as a Service (SaaS), integrated IT solutions, and patentable, groundbreaking technologies.

“In the rapidly evolving landscape of artificial intelligence and digital technology, Brookstreet is dedicated to investing in pioneering companies at the forefront of the Gen-Al Revolution,” the company said.

It added that by “leveraging an extensive network of specialist experts”, including a recent memorandum of cooperation with the Archimedes AI Center, which includes more than 60 scientists from various institutions like MIT, Stanford, and Imperial College, it aims “to advance the capabilities and applications of Al across various industries, with dedicated expert resources”.

Turning to green energy, Brookstreet prioritises advanced storage solutions and the optimisation of energy use, aligning with global efforts towards a sustainable energy transition.

“Recognising the urgent need for sustainable energy solutions, Brookstreet is channelling efforts into green energy projects that drive sustainability and address the climate crisis,” the company said.

“Our initiatives focus on geo-secure energy, boosting the circular economy, and supporting technologies that contribute to a more sustainable future,” it added.

It also said that “this direction aligns with our commitment to responsible investment principles and our role as a member of the United Nations-supported (PRI)”.

Furthermore, in the longevity sector, the firm explained that it aims to extend life, as well as enhancing its quality, promoting investments that improve well-being and health outcomes.

“With the global population increasing and ageing, Brookstreet sees immense potential in the longevity sector,” Brookstreet said.

“Our investments aim to enhance both HealthSpan (living well) and LifeSpan (living long),” it added.

“Collaborating with healthcare specialists and leveraging this extensive network of doctors and consultants, we will strive to support innovations that improve quality and length of life, as well as wellness and performance,” the company concluded.

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