FSD Africa Investments (FSDAi) committed R234 million to the Cape Water Performance-Based Bond as one of three co-anchor investors [IC].
Right of reply
This page describes FSD Africa Investments only through its published statements and the public records of the deals listed. FSD Africa Investments has not yet been invited to comment. Responses and corrections will be recorded here with their date. On register pages, [MS] marks a claim that rests only on the institution’s own statement or on statements by parties to the same deal.
In the register
The register follows instruments whose terms depend on a verified ecological outcome, the broad family of the performance-based bond. The register index explains its tiers, roles and claim tags.
| Deal | Year | Family | Role | Amount | Claim |
|---|---|---|---|---|---|
| Cape Water Performance-Based Bond (FR31PB) | 2026 | Outcome-linked bond | Co-anchor investor | R234m | [IC] name; [MS] amount |
With IFC, FSDAi supplied about R1.83 billion of the R2.5 billion issue on disclosed figures. FSD Africa’s release also names the bond’s other South African investors. Its stated reasons are set out in Why Three Investors Anchored the Cape Water Bond.
Related
- Nature Performance Bond Investor Register
- International Finance Corporation
- Aluwani Capital Partners
- FirstRand Bank
- Rand Merchant Bank
- Why Three Investors Anchored the Cape Water Bond
- FSD Africa Investments on the Ward 2 Development Forum register: FSD Africa Investments
References
- JSE, “JSE welcomes Africa’s first nature-linked performance-based bond” (17 April 2026)
- FSD Africa, “FirstRand Bank issues inaugural nature-linked outcomes-based bond” (April 2026)
Provenance
Drafted on 15 October 2026 from the research brief Nature performance bond investors.md, compiled the same day from five research strands: outcome-linked and sustainability-linked bonds, environmental impact bonds, debt-for-nature conversions, insurers and reinsurers, and the largest asset managers with their regulatory context. Claim tags follow the brief, which never upgraded a claim without a source and lowered to [MS] any claim a research note had graded [IC] on the strength of a company’s own release. The headquarters country in based_in comes from general knowledge unless a deal record states it, and is to be confirmed. The brief’s search had limits: fund holdings filings, municipal bond disclosures and the Oxford INDIGO and Brookings impact bond databases were not searched, so a deal missing from this page may exist.