Ecofin launches renewable energy fund with seeding from Skoll family office, Harvest
By Lawrence Delevingne
Mon Dec 10, 2012
The new London-based utilities, infrastructure and energy equity fund offers a rare long/short play.
Socially responsible investing is a minuscule part of the hedge
recent report put it at just $5.3 billion in total assets
under management--because many investors don't want to limit
their investment choices.
Breidert (Photo: Ecofin)
Small funds from two of the most prominent firms held up
a 2011 report, the
Perella Weinberg Partners Sustainable Resources Fund and
Passport Renewable Energy Strategy, have liquidated
following losses. The hedge funds that have made money
investing in renewable energy companies have often done it
by going short, as
Kynikos Associates and
D.E. Shaw & Co. did with wind and solar stocks in
recent years, for example.
Enter Ecofin. The London-based $1.2 billion hedge fund firm
ISSN: 2151-1845 / CDC10004H
TAKE A FREE TRIAL
The full contents of this article are available to Absolute Return subscribers and trialists only.
To continue reading please, take a free trial, subscribe or log in.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.