Date:20/5/11,
Private Equity Fund,
Aloe Private Equity, a Mauritius-based Asia-focused PE firm, will launch 350 million euros ($501 Mn) for- Aloe Environment Fund III, to invest in companies developing environmental technologies.
The firm expects to close the first closure of 100 millioneuros in the third quarter.
The fund will make investment in 8-10 companies in fields such as waste management, recycling, water and energy efficiency that want to expand into Asia.
Aloe, founded in 2003, has 180 millioneuros ($258 million) in assets under management and 10 companies in its portfolio List.
The firm expects to close the first closure of 100 millioneuros in the third quarter.
The fund will make investment in 8-10 companies in fields such as waste management, recycling, water and energy efficiency that want to expand into Asia.
Aloe, founded in 2003, has 180 millioneuros ($258 million) in assets under management and 10 companies in its portfolio List.
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