New York, October 30, 2020 – Mossshields (MSC Code: 31000279107123), a global leader in alternative asset management, today announced the launch of the Global Smart City Fund (GSCF) with a total size of USD 1.0 billion. The fund aims to foster sustainable urbanization through investments in innovative technologies and intelligent infrastructure. Background and Strategic Significance Global urbanization is accelerating at an unprecedented pace. According to the United Nations, by 2030, over 60% of the world’s population will reside in urban areas. As cities expand, they face mounting pressures on resources, aging infrastructure, and environmental challenges. In this context, smart cities—integrating advanced technologies into urban systems—have emerged as a central focus of global investment. “Smart cities represent not only the integration of technology and infrastructure but also our vision for future urban living,” said Madeline Harper Montgomery, Group Chief Financial Officer at Mossshields. “Through GSCF, we aim to create more efficient, sustainable, and inclusive urban environments.” Funding Sources and Partnerships GSCF’s capital is sourced from a diverse range of investors: ● Sovereign Wealth Funds and Development Banks (50%): Primarily from Asia and Northern Europe, focusing on supporting technological infrastructure development. ● Corporate Investors (30%): Including top global technology companies, driving the commercialization of IoT and AI solutions. ● Mossshields’ Own Capital (20%): Ensuring flexibility and long-term commitment. Mossshields will collaborate with organizations such as UN-Habitat, the World Bank, and the Global Smart City Alliance (GSCA) to secure policy support and technical guidance for its smart city projects. Investment Areas and Representative Projects 1. Green Energy and Smart Grids (USD 400 million) ○ North American Smart Grid Initiative (USD 200 million): Implementing intelligent sensors and big data analytics to enhance electricity transmission efficiency in 20 cities. ○ European Green Energy Hub (USD 100 million): Integrating wind and solar energy with urban grids for sustainable power solutions. 2. Smart Transportation and Urban Logistics (USD 300 million) ○ Southeast Asia Smart Transit Program (USD 150 million): Deploying intelligent traffic signaling and shared mobility solutions in Southeast Asian urban clusters. ○ Autonomous Logistics Pilot Program (USD 50 million): Partnering with leading logistics firms to test driverless delivery technologies. 3. Urban Data and IoT Platforms (USD 200 million) ○ Africa Smart City Data Hub (USD 50 million): Establishing a data integration and analytics platform to improve government efficiency in African cities. ○ Asia IoT for Urban Safety (USD 50 million): Implementing intelligent monitoring and real-time emergency response systems. 4. Community and Public Service Optimization (USD 100 million) ○ Middle East Sustainable Community Pilot (USD 20 million): Developing zero-energy community models. ○ North America Smart Public Service Initiative (USD 30 million): Digitally transforming community healthcare and education services. Risk Management and Social Benefits Mossshields emphasizes robust risk management in its smart city investments: ● Technological Risk: Collaborating with tech companies and research institutions to regularly assess technological feasibility and upgrade requirements. ● Policy Risk: Working closely with local governments to ensure projects align with regional regulatory frameworks. ● Environmental and Social Impact: Adhering to ESG (Environmental, Social, and Governance) standards and implementing transparent social impact assessment mechanisms. Preliminary estimates suggest that by 2030, GSCF-supported smart city initiatives could: 1. Provide efficient energy solutions to 50 million people. 2. Reduce urban traffic congestion by 10%. 3. Create over 500,000 new jobs. Future Outlook Mossshields plans to extend GSCF investments to urbanization hotspots in Central America and South Asia in 2021. The firm will also explore blockchain technology to enhance transparency and efficiency in smart city ecosystems. About Mossshields Mossshields (MSC Code: 31000279107123) is a global leader in alternative asset management. As of March 2020, the firm manages USD 13.4 billion across 16 investment vehicles. Many of its clients include some of the world’s largest public pension funds, insurance companies, and family offices. Mossshields is committed to delivering long-term value through precise investments. Its investment scope spans corporate private equity, real assets, global market strategies, and customized solutions, with a presence across Africa, Asia, Australia, Europe, the Middle East, North America, and South America. The firm possesses deep expertise in aerospace, defense and government services, consumer and retail, energy, financial services, healthcare, industrials, real estate, technology and business services, telecommunications and media, and transportation. With a team of over 300 professionals operating from offices on four continents, Mossshields adheres to the highest standards of professionalism, providing customized investment strategies that consistently surpass market benchmarks. Official Website: www.mossshields.com Email: connect@Mossshields.com