Thursday, 2 October 2014
Last updated 11 min ago
Dec 16 2009 | 11:13am ET
Swiss carbon offset player Pure Klimaschutz has received a capital injection CHF 1.3 million ($1.25 million) following a successful IPO on the Berne Stock Exchange.
Swiss venture capital fund Cleantech Invest AG participated in the capital increase along with several investors including a “well-known Swiss investor group.”
Pure Klimaschutz says it will use the capital to continue financing innovative carbon offset projects in South East Asia and South Africa. As a second-generation carbon player, the company concentrates on a small number of specifically targeted greenhouse gas reduction sectors such as waste water treatment, energy efficiency and waste heat recycling.
“The successful capital injection into Pure Klimaschutz shows that innovative carbon businesses continue to attract capital – in a year that has seen very little new investment in carbon funds” said Jürgen F. Habichler, president of the Cleantech Invest board of directors, in a statement.
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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