MASDAR - United Arab Emirates
Overview:
Masdar Clean Tech Fund is a diversified venture capital investment vehicle that will build a portfolio of clean technology funds, direct/co-investments and joint venture investments.
Website:http://www.masdarctf.com/
Country:United Arab Emirates
Geographic coverage:Emirates
Mechanism:
| Venture Capital |
Programs:
Special project: "kick-start" sizable new businesses in advanced energy and sustainability technologies; Applying scale and leveraging.
Annual budget:
2008: $250 million (creation of this green investment fund occurred in 2006 in conjunction with Credit Suisse and entrepreneur Vincent Tchenquiz). Consensus Business Group (Tchenguiz's investment company) contributed $50 million to the fund, Credit Suisse $100 million, and the government of Abu Dhabi the rest.
Employees:The executive committee is formed by 5 members, and the Investment Committee by 6 members