{"id":417053,"date":"2010-03-11T15:06:28","date_gmt":"2010-03-11T20:06:28","guid":{"rendered":"http:\/\/greenenergyreporter.com\/?p=6939"},"modified":"2010-03-11T15:06:28","modified_gmt":"2010-03-11T20:06:28","slug":"exclusive-greentech-capital-eyes-launch-of-green-focused-pe-funds","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/417053","title":{"rendered":"Exclusive: Greentech Capital Eyes Launch of Green-focused PE Funds"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/funding.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Funding\" \/><\/p>\n<p>Andrew de Pass, a senior advisor with cleantech-focused investment bank Greentech Capital Advisors, tells GER that the firm could\u00a0 launch a cleantech-focused investment fund early next year.<\/p>\n<p>The investment fund\u00a0 would not provide early stage venture capital. &#8220;We are looking to do later stage private equity investments,&#8221; de Pass tells us. <span id=\"more-6939\"><\/span><\/p>\n<p>Investments would support companies across the whole green \/ sustainable space, including\u00a0 renewable energy projects.<\/p>\n<p>No word on expected size of capital commitments or the fund&#8217;s potential investors.<\/p>\n<p>Jeffrey McDermott, a former i-banker with UBS, launched Greentech Capital last Summer as an M&amp;A advisory business. The firm has been on at least four deals. Most recently,\u00a0 advising solar power developer Ausra as part of its acquisition by Areva, the French nuclear reactor maker.<\/p>\n<p>But from the start New York-based Greentech Capital has set out to become a full service shop for the green industry. As part of this strategy last week it announced that Heather Smith, Deutsche Bank&#8217;s former head of structured private placements, would join the firm to build its own private placement group. Former Goldman Sachs banker Timothy Vincent oversees project finance for the\u00a0 firm.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/GreenEnergyReporter\/~4\/Qis43r4NJlk\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Andrew de Pass, a senior advisor with cleantech-focused investment bank Greentech Capital Advisors, tells GER that the firm could\u00a0 launch a cleantech-focused investment fund early next year. The investment fund\u00a0 would not provide early stage venture capital. &#8220;We are looking to do later stage private equity investments,&#8221; de Pass tells us. Investments would support companies [&hellip;]<\/p>\n","protected":false},"author":854,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-417053","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/417053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/854"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=417053"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/417053\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=417053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=417053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=417053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}