CLSA Launches Asian Water, Waste Management P.E. Funds

Jun 12 2007 | 8:49am ET

Singapore-based CLSA Capital Partners, the alternative investment arm of CLSA Asia-Pacific Markets, recently launched a dedicated Asian water and waste management private equity fund. Clean Water Asia launched with US$5 million in seed capital. 

Like its sister fund, Clean Resources Asia, Clean Water Asia focuses on high-growth public and private companies that “offer technological solutions to the world's growing environmental, energy security and resource challenges.” Holdings are predominantly in listed equity shares and pre-IPO companies operating in the clean energy and environmental technology fields. Chief Investment Officer Andrew Pidden and head of research Anthony Wilkinson manage the fund.

“Traditionally, governments have been the drivers in water management and to date there has been limited private sector involvement,” said Pidden. “This is changing, and we are seeing China and India encouraging the interest of small listed companies and large multinationals.”

Clean Resources Asia, which includes exposure to the water and waste sectors, has generated an encouraging 35.7% return since its launch in August through the first quarter, according to the firm.

CLSA Capital Partners currently manages five Asian-focused p.e. funds in addition to the new offering.


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

When Less is More: The Case for Concentrated Equity Strategies

Jun 1 2015 | 7:59am ET

The conventional wisdom is that wide diversification is the “holy grail,” as...

 

Sponsored Content

Editor's Note