Vivek Tandon talks to Reuters about raising capital in the current economic climate
Green firms feel pinch of economy woes
By Nina Chestney
LONDON | Fri Aug 19, 2011 7:07am EDT
(Reuters) - Global economy woes which have gripped financial markets have made raising capital difficult again for some environmental technology firms, according to Vivek Tandon, co-founder of London-based Aloe Private Equity.
London-based Aloe Private Equity has 175 million euros ($253 million) of assets under management and now has three funds. Its investment portfolio includes 11 firms, mainly in the energy efficiency, renewable energy and recycling sectors.
"From a fund-raising perspective, these jitters in the market are very unnerving for investors," Tandon told Reuters in an interview.
Click here to read full interview