Thursday, 2 October 2014
Last updated 1 hour ago
Sep 27 2007 | 10:41am ET
Newly-formed Environmental Capital Partners, a New York-based private equity firm, has partnered up with New York Private Bank &Trust to invest a total of $100 million in middle-market “green” companies.
The firm, which was formed earlier this year, will focus on companies within the sectors of green consumer products, eco-friendly building materials, alternative energy, and industrial environmental services.
"The environmental industry is in the early stages of an extended growth period fueled by new and dynamic market forces," said William Staudt, a managing partner. "We are well positioned to become a leading participant in this growth by supporting companies that provide innovative solutions which address environmental concerns."
Staudt declined to comment on the firm’s internal fundraising efforts. ECP usually makes majority or significant minority investments of up to $25 million, but it will consider larger transactions.
The firm boasts Michael Richter, a former member of the New York Rangers hockey team, as a partner. Stephen Kellert, a senior professor at the Yale School of Forestry and Environmental Studies, serves as the firm’s other partner, and Christopher Staudt is the firm’s principal.
“The diversity of our team gives ECP broad intellectual reach, leading environmental perspective and a range of contacts that should enable us to become the leading private equity fund for middle-market environmental companies," said Robert Egan, managing partner.
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...