London, UK (PRWEB UK) 28 August 2012
Lakewood Asset Management is pleased to announce the takeover of Spot Carbon Exchange, a city-based carbon credits brokerage specialising in voluntary carbon credits.
Since its conception, Lakewood Asset Management has pursued an aggressive growth strategy which combines both organic growth and expansion through acquisitions. 2012 has already seen it merge with another London-based alternative asset broker and open a new office in Cape Town, South Africa. Lakewood is dedicated to establishing itself as a leader in the alternative asset market place, and sites the quality of the products and the level of service it provides as being key to its rapid expansion.
This acquisition will reinforce Lakewood’s strong position within the alternative asset market place and continue to expand its global reach. The CEO of Lakewood Asset Management said “Lakewood is honoured to be able to manage Spot Carbon Exchange’s existing clients and looks forward to helping them maximise their profits within the wide range of alternative assets we offer. In addition to this the combined company will benefit from access to better information, particularly within the emissions trading industry.”
The relative newness of the alternative asset market has allowed Lakewood to quickly secure its place as a leader in the field due to a focus on well-researched and innovative products, a transparent approach to brokerage and strong ethical commitments. Lakewood already provides a range of emissions trading products, including investments in Carbon Reserve Tonnes and Certified Emissions Reductions and the specialized knowledge of Spot Carbon Exchange will enable it to enhance its selection of green investments. This is good news for those investors hoping to take advantage of the emissions trading boom that is set to follow the opening of the Californian state Carbon Market later this year as well as other regions across the globe.
The director of Spot Carbon Exchange said, ‘At Spot Carbon Exchange we are proud that our success to date has been recognised by a company of Lakewood Asset Management’s stature. This takeover adds real value for the clients of Spot Carbon Exchange and means they will now have access to a much broader product range whilst also enjoying all of the advantages associated with dealing through a company that has operations in three continents’.