• Delicious




Bahamas Fund Of Funds To Focus On Energy And Environment

by Phillip Morton, Investors Offshore.com

01 September 2006

Energy and Environment Capital Management LLC (EECM) and Coastal Partners, Ltd. have joined forces to launch an offshore version of the Energy & Environment Fund domiciled in the Bahamas.

EECM said this week that the fund of hedge funds will seek to provide superior returns with lower risk and volatility. EECM already manages the onshore version of the fund.

“The Coastal Partners team brings both money management and fund of funds management experience as well as an offshore platform for the fund,” said Gary M. Vasey, COO, EECM.

“With EECM’s energy & environment knowledge, specific energy due diligence and risk management skills, the combination is very powerful," he noted.

Peter C. Fusaro, CEO, Energy and Environment Capital Management LLC, added: “We see investment opportunities in energy and environmental hedge fund managers as a diversified opportunity across commodity, geography and financial instrument."

The Energy & Environment Fund Ltd will launch in September as a Bahamian professional investment fund. The Fund will be administered by Sterling Management Limited and audited by KPMG.

A comprehensive report in our Intelligence Report series examining offshore investment, offshore stock exchanges, and hedge funds is available in the Lowtax Library at http://www.lowtaxlibrary.com/asp/subs_reports.asp and a description of the report can be seen at http://www.lowtaxlibrary.com/asp/description_report9.asp

 

 






Write a comment