Peter Nobel, a member of the Swedish Nobel family dynasty, is among a group of investors to back the launch of Fourcore Capital, a new wealth management firm that has been rebranded from Cardea Corp. Holdings Inc.
Peter is a relative of Alfred Nobel, the inventor of dynamite whose fortune established the Nobel Prize. Peter’s Nobel Sustainability Capital Group will contribute up to $25 million to Fourcore, and he’ll serve as chairman of Fourcore’s board of directors.
"The mission of Nobel Sustainability Capital Group is to promote sustainable economic growth that preserves and ultimately enhances the living systems on the planet, create opportunities for people and harness human ingenuity in support of a prosperous common future,” Peter Nobel, 71, said in a statement. “We look forward to our partnership with Fourcore and in making a greater impact in sustainable investing to further our goal of improving the planet.”