Crisis Be Damned; Stanley Fink Launches New $5Bn Green Fund

Wel, it’s not $5 billion to start, admittedly, but Stanley Fink has his hands on $250 million of seed money for the new firm, London-based Earth Capital Partners LLP.   They have already applied to London’s FSA for the necessary authorizations.   (Not to be confused with Boston-based Energy Capital Partners, a financing firm specializing in energy services, run by Fred Siegel, http://archives.wiseto.com/energy-capital-partners-1998-/3192321.html).   For full details, see these two articles: http://www.opalesque.com/48794/Stanley_Fink_and_veterans_launch_Earth_Capital.html.  And  http://www.finalternatives.com/node/6263.  The goal is “sustainable development . . . climate change, water scarcity, and energy security.”  

Just to make sure he isn’t idle and doesn’t get bored, Fink is continuing to run International Standard Asset Management concurrently.  Rufus Warner will act as CEO of Energy Capital. 

SmallCapWorld maintains a strong interest in greentech, cleantech, alternative energy and environmental clean-up.

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