Sanlam Life, the life insurance company of the Sanlam group, invested in the Cape Water Performance-Based Bond [MS].
Right of reply
This page describes Sanlam Life only through its published statements and the public records of the deals listed. Sanlam Life 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 | Investor | Not disclosed | [MS] |
FSD Africa’s release and Africa Global Funds name Sanlam Life among the bond’s investors; RMB’s release names no investors [MS]. The register places Sanlam Life in Tier 3 for this domestic role, although the Sanlam group operates across Africa.
Related
- Nature Performance Bond Investor Register
- FirstRand Bank
- Rand Merchant Bank
- FirstRand Foundation
- International Finance Corporation
- Ashburton Investments
- Eskom Pension and Provident Fund
- Optimum Investment Group
- Legal & General
- Why Three Investors Anchored the Cape Water Bond
- Performance-Based Water Bonds
References
- FSD Africa, “FirstRand Bank issues inaugural nature-linked outcomes-based bond” (April 2026)
- Africa Global Funds, FirstRand outcomes-based bond (2 April 2026)
- RMB, “RMB launches Africa’s first nature-linked outcomes-based bond” (1 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.