Wednesday, 21 April 2010

WHEB chosen by Environmental Innovation Fund

WHEB Ventures is the first fund to receive investment from the Hermes Private Equity Environmental Innovation Fund. WHEB Ventures focuses on Cleantech companies with solutions for resource efficiency and conservation and invests predominantly on Europe.

Hermes was selected to manage a fund of funds on behalf of the UK Innovation Investment Fund and confirmed that it had raised £125 million in January (read comment in Cleantech magazine).

The UK Innovation Investment Fund was launched last year by Lord Drayson.

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