12/07/2007

Abn unveils 'clean' technology fund

Thu, 06 Dec 2007, 16:00

IPE.com

Abn Amro is launching a specialist fund designed to target investment opportunities in climate change and environment-related firms. Called Eco-Invest, has been created by the firm's Eco-Markets group, with the assistance of Mercer's investment consulting team, and will invest in 'clean' technology, acting as a facilitator of business for the bank in the context of product development. One EUR25m investment has so far been made to the Kenmar global Eco fund, and a total of six funds have been selected for an initial total investment of EUR200m.

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