Friday, 31 October 2014
Last updated 10 hours ago
Feb 2 2009 | 9:01am ET
Abu Dhabi’s Masdar Clean Tech Fund and Japan’s SBI Holdings may invest up to $300 million in Japanese alternative energy start-ups through their newly established joint investment fund, Reuters reports.
Masdar and SBI have each contributed $10 million to create the fund, which will invest in “early stage investments in prominent alternative energy-related companies in Japan.” Each firm would receive around $2 million.
SBI officials said they were in talks with Masdar to increase investment to $200 million to $300 million, once the first $20 million fund has been used.
The Masdar initiative of the Abu Dhabi government aims to develop and commercialize clean energy technologies.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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