A proprietary trading firm operating across the global suite of environmental markets, with the analytical depth to interpret them well.
Founder and Portfolio Manager of Marel Capital AG, with over a decade of experience in financial markets, spanning asset management, equity derivatives brokerage, and trading across renewable energy and environmental commodities.
Bas traded European environmental markets at Mind Energy, where he also set up and established the US markets business, before joining Smartest Energy as Head of Renewable Trading, building knowledge, signal intelligence and relationships across both sides of the Atlantic.
Built his career at the intersection of renewable energy, power markets, and environmental commodities, developing deep expertise across European and North American regulatory frameworks, market microstructure, and cross-commodity relationships.
Environmental markets are complex and often fundamentally mispriced. We look across regulatory frameworks, participant behaviour, and cross-market relationships to understand and interpret them correctly. Marel Capital exists to deploy systematic trading strategies around that asymmetry.
Founded in Zug, Switzerland in 2026 as a proprietary trading firm. Operating across the global suite of environmental markets with proprietary research and signal capabilities from day one.
Marel Capital was founded to operate across all major environmental markets simultaneously, rather than in regional silos. Monitoring the structural connections between these markets drives our strategy.
Our approach is built on the conviction that price in environmental markets is set by compliance behaviour, regulatory timelines, and participant positioning, not by pure supply and demand in the traditional sense.
The variables that drive price across these markets rotate in importance with each regime. Sentiment, supply-demand, regulatory catalysts, and cross-product fundamentals each take their turn. By covering the full environmental complex, we identify opportunities across markets.
Direction in markets. Discipline in execution. Curiosity about what's next.