Friday, July 31, 2009

TerraVerde Capital Management launches "Green" fund

According to FINAlternatives, TerraVerde Capital Management has launched a fund of hedge funds that will invest in opportunities focusing on the global reduction of carbon emissions.

Richard Bookbinder, managing member of Bookbinder Capital Management, stated:
“Managers that we invest with have underlying strategies that in someway are investing in company that are doing something to reduce carbon, such as clean energy, clean technology, water, weather, agriculture, carbon/carbon trading, the whole gamut."

Read more here.

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