Friday, 28 November 2014
Last updated 6 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.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...