Man To Finance Environmental Projects

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.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

FATCA for Hedge Funds: Eight Common Pitfalls

Sep 1 2015 | 10:56am ET

FATCA is now a way of life for those in the financial industry and most professionals...

 

Editor's Note