Hedge Funds

Hazel rides clean-tech wave in a bumper year


Fears about the oil supply and climate change are driving the growth in green investment

Hazel Capital, the environmental technology investment firm founded by former Cantillon and Lazard man Ben Guest in 2007, is enjoying a storming rebound with its debut hedge fund after experiencing a torrid 2008.

Ben Guest

The firm's Santa Ana fund, a long/short equity fund that invests in clean technology companies in sectors such as energy, water and waste management, is up some 70% for the year through the second week of June, thanks to big gains in long positions during the second