SHARING CONTENT ABOUT: PRIVATE EQUITY VENTURE CAPITAL HEDGE FUNDS INVESTMENT BANKING, AND HOLLYWOOD
Resilient Media Entertainment
Monday, March 25, 2013
Tips and News on Venture Capital Funding and Angel Investors
CalPERS loses on cleantech bets
By Kent Bernhard Jr.
March 22, 2013 | 10:58am EDT
One of the biggest players investing in cleantech has lost money on its gambles.
The California Public Employees Retirement System has put $900 million to work in cleantech, $460 million of that with venture capitalists who invest in cleantech startups, and has had a negative return of 9.8 percent on that money.
The revelation came from CalPERS chief investment officer Joseph Dear during the ...
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