Aloe Plans $501 Million Fund to Back Green Entrepreneurs in Asia
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Aloe Private Equity, a Mauritius-based company that focuses on Asia, seeks to raise as much as 350 million euros ($501 million) to invest in companies developing environmental technologies.
The company expects to close in the third quarter the first funding round for its Aloe Environment Fund III with capital commitments of about 100 million euros, according to Vivek Tandon, co-founder and general partner at Aloe.