L'Oréal Groupe and Chenavari Investment Managers announced the launch of Solstice, a debt fund designed to enable suppliers to accelerate the decarbonization of their significant industrial projects.WHO: Through the Solstice fund, industrial suppliers, including L’Oréal partners, may access financial solutions to help them implement decarbonization initiatives. Qualifying projects can include industrial processes and supply chain, clean energy, and clean transportation. The fund is open to further investment by institutional investors, including other corporates who, like L’Oréal Groupe, aim to support the decarbonization of their ecosystems.For 115 years, L’Oréal, the world’s leading beauty player, has had a broad portfolio of 37 international brands with over 90,000 committed employees, a balanced geographical footprint and sales across all distribution networks—e-commerce, mass market, department stores, pharmacies, perfumeries, hair salons, and branded and travel retail. With 20 research centers across 11 countries around the world and a dedicated Research and Innovation team of over 4,000 scientists and 6,400 Digital talents, L’Oréal is focused on inventing the future of beauty and becoming a Beauty Tech powerhouse.Founded in 2008, Chenavari Investment Managers is an independent asset manager focused on European markets, with expertise across the liquidity spectrum of credit, from corporate and financial bonds and asset-backed securities to leveraged finance, private credit, and specialty finance loan origination.