Global Climate Change Fund to launch on Russell Investments’ OpenWorld

September 5th, 2009
| More
Climate Change Capital announced this week that it had been hired to manage the Global Climate Change Fund for OpenWorld, Russell Investments’ new single manager platform. The new fund “will invest globally in sectors impacted by climate change.”

The Global Climate Change Fund will be managed by Climate Change Capital’s Global Equities team, which is led by Managing Directors Paul Udall and Ronnie Lim. Udall and Lim joined Climate Change Capital in 2007 from Morley Fund Management (now Aviva Global Investors) where they worked on the firm’s Sustainable Investment team. Combined, the two managers have more than 30 years' investment experience, including 12 years focusing on “specialist environmental equities.”

Russell Investments is a global investment manager with over $210 billion in assets under management. Climate Change Capital aims to provide attractive returns to investors, demonstrating the financial opportunity associated with the low carbon economy. As of April 2009, the firm had over $1.5 billion in assets under management.

See Press Release
For Detailed Investor Profiles on these Investors, click below:
Climate Change Capital
Related People: James Cameron; Nigel Scott; Paul Udall; Ronnie Lim; Shaun Mays
Related Entities: Russell Investments' OpenWorld Global Climate Change Fund; Ventus Funds venture capital trusts
Related Article Tags: Green, Socially Responsible, ESG and Sustainable Investmenting Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings

More Recent Headlines

Largest Hedge Funds Revealed: Bridgewater, JPMorgan/Highbridge, Paulson & Co, D.E. Shaw & Co. and Soros Fund Management

SEC's Long-Awaited Proxy Changes Make Much Sense Despite Protests

David Einhorn’s Greenlight Capital Exercises Caution Over Second Quarter

Sparx Group Co launches first Global Macro Hedge Fund

Greenwich Hedge Funds still Paying Absurd Rents

Academic Study Sheds New Light on Oil Speculation Debate

Paulson becomes biggest investor in AngloGold

SAC Capital and Crestwood Advisors add Industry Veterans

Hedge Funds use Technology to alleviate burdens of Transparency

Brevan Howard Opens Mauritius Funds to Invest in India