Virgin Green Fund gains traction with CalPERS investment
Virgin Green Fund, the first green investment fund set up by U.K.-based Virgin Group, has raised $199 million from two large pension funds — CalPERS, Wolverhampton City Council — and other institutional investors to reach its first close, reports the Financial Times. CalPERS made its investment through PCG Clean Energy & Technology Fund. Macquarie Bank’s Clean Technology Fund is another prominent investor.
The fund was set up last year to make investments in renewable energy and… Continue Reading
Roundup: A longtime Yahoo employee leaves, speculation that Loopt beat out Whrrl for WWDC keynote position and more
Here’s the latest action:
Another long time Yahoo employee departs — Jeremy Zawodny, a programmer who had been with the company since 1999, is moving on to a unnamed smaller company. Zawodny helped launch the Yahoo Developer Network and worked on several internal projects for the company. In his blog post on the topic, Zawodny points out that his departure is completely unrelated to the failed Microsoft takeover and now the Carl Icahn takeover bid. He follows… Continue Reading