Man goes green
Man Investments has launched Man Environmental Capital Opportunities (Man ECO), a new investment manager specialising in financing environmentally related projects.
Headquartered in London, Man ECO will join Man Investments’ stable of core managers.
Nick Wood, who will head Man Eco, said it will seek to capitalise on investment opportunities arising from responses to environmental concerns such as climate change and energy security. It will create and manage private equity like structures with an emphasis on owning physical assets in the field of environmental finance.
Wood said the fund raising was a great success, particularly considering the uncertainties of the past six months, and added that it vindicated the belief of Man ECO that investors were keen to support projects offering strong return potential while dealing with environmental problems.
“Man ECO will source and originate direct private capital investment funds based on environmental issues in various parts of the world. Investing in projects that benefit the environment is becoming more and more popular and we see great opportunities to benefit investors and our natural world together,” he said.
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