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Article: United Kingdom: FourWinds Starts $40 Million Waste-Management Investment Fund.
- Article from:
- TendersInfo
- Article date:
- August 28, 2009
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Byline: Mamta03
FourWinds Capital Management, which manages about $1.4 billion in natural-resource funds, started a private-equity fund investing in waste-management companies.
The Waste Resource Fund began this month with $40 million, Chris Armitage, the U.K. head for the Boston-based firm, said Aug. 25 in an interview in London. The fund has three local- government pension funds, from the U.K. and Norway, as investors, he said.
We re looking at innovative ways to make money in more than one way from a waste business, said Armitage, who spent more than 20 years in pension management before joining FourWinds in 2006. The new fund will buy ...