Friday, 24 June 2016
Last updated 1 hour ago
Mar 24 2009 | 10:29am ET
Robeco has teamed up with a local Chinese company to launch a sustainable private equity fund focusing on cleantech products and technologies.
The Rotterdam, Netherlands-based firm’s joint venture with TEDA International Corp. will culminate in the upcoming launch of their first joint product, the Robeco TEDA Sustainable Private Equity Fund. The new vehicle will invest in companies that increase productive use of energy, water and other resources and reduce the impact on the environment (waste and emissions) in Tianjin, China.
“The Robeco TEDA Sustainable Private Equity Fund, invests not only in global leaders in sustainability, but also in local Chinese companies which a focus on China sustainability,’ said George Möller, CEO of Robeco Group. “This is a great milestone for Robeco, after setting up our Shanghai representative office in late 2007 and receiving a QFII license and US$150 million quota in 2008.”
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