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Tuesday, February 17, 2009

World's first directory of green hedge funds gets launch

The world's first centralized directory of hedge funds concerned with investing in environmental areas such as renewable energy, forestry and energy futures trading has been launched by the Energy Hedge Fund Center (EHFC), according to reports. 

Renewable Energy World stated that the directory also lists funds with strategies in carbon trading and finance, energy efficiency and water.

Peter C Fusaro, chairman of Global Change Associates and one of the co-founders of the EHFC, said: "We thought it was time to release a green hedge fund directory now that the green trading markets are maturing."

According to EHFC's website, the directory currently includes 510 hedge funds and has around 180 subscribers. 

The database lists information including the value of assets under management, fund returns, strategies and type, contact information and details on fund managers and backgrounds. 

In related news, the eighth annual Wall Street Green Trading Summit, which is organized by Mr Fusaro, will take place in New York on April 1st and 2nd. 

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