Friday, 24 October 2014
Last updated 20 hours ago
Oct 21 2009 | 1:24pm ET
India’s Prithvi Sustainability Innovation and Technology Fund, the latest player in the country’s burgeoning cleantech market, plans to invest $150 million in companies addressing air, water and soil contamination.
The fund is promoted by Shankar Rele, CEO of the investment consulting firm ICEStartups.com, and Parmod Sheddy.
Rele told VCCircle they expect a first close of $100 million by January 2010, and a final close in March. The fund will tap U.S. and UK investors including institutions, individuals and hedge funds. At the same time, says Rele, the fund is in negotiations with potential investee companies and will make its first investments following the January close.
Potential investee companies including those in biofuels, air and water pollution management, soil conservation and organic farming, renewable, solid waste management, biomass combustion and more.
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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...