Wednesday, 29 July 2015
Last updated 15 hours ago
May 23 2008 | 2:00am ET
Man Investments last month launched a new private equity unit, Man Environmental Capital Opportunities, specialising in financing environmentally-related projects. Nick Wood, a member of Man Investments’ management committee, heads the new unit.
“Investing in projects that benefit the environment is becoming more and more popular and we see great opportunities to benefit investors and our natural world together,” said Wood.
The launch of Man ECO follows the close of a greenhouse gas fund, the China Methane Recovery Fund, which raised US$600 million and closed in December. The fund, believed to be the largest of its kind, extracts methane gas from coal mines in Shanxi province and uses it to generate electricity and carbon credits, under the stipulations of the Kyoto Protocol.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…