Sunday, 26 April 2015
Last updated 1 day ago
Jan 19 2009 | 9:07am ET
Bowen Capital Management, an Asia-focused hedge fund manager, says the financial crisis may benefit alternative energy and waste management companies—the type of companies the investor is now targeting.
Jeremy Higgs, who manages the $30 million Green Dragon Fund for the Hong Kong-based Bowen, told Reuters news agency that government fiscal stimulus packages will drive spending on environmental technology. The Green Dragon Fund lost 53% in U.S. dollar terms in 2008 after a 44% gain in 2007.
Higgs is keen on companies in renewable energy and waste management, and says potential areas for investment include makers of high-storage capacity batteries and developers of technology for the capture and storage of carbon. 'Smart grids'—the use of intelligent meters to monitor electricity consumption—is another area of interest.
Bowen's green hedge fund, which invests mostly in pure energy plays, holds stakes in Japan Wind Development Co., the Singapore-based tech firm Hyflux Ltd. and the Philippines geothermal firm Energy Development Corp.
Who is investing in clean technology?
Find out, visit www.cleantechbrief.com
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…