INTERVIEW-HK investment firm targets $200 mln environment fund

Published: 27 Oct 2009 18:56:26 PST

HONG KONG, Oct 28 - Hong Kong-based asset management firm Environmental Investment Services Asia Ltd (EISAL) plans to raise up to $200 million for a fund investing in companies involved in environment-related businesses in Asia.

The new fund, which it plans to launch next year, will invest in companies which derive most of its revenue from green-related ventures including waste management and clean energy, said Keith Olson, co-founder and director of EISAL.

"We want to focus on companies which have a significant operating exposure to the development of technologies and services addressing environmental needs, both regionally and globally," he said. (US$=6.8265 yuan)