Hedge fund investor AIG Capital Partners announced they have agreed to become  significant investors in London-based Sindicatum Carbon Capital Ltd, a principal financier/developer of green housegas (GHG) abatement projects globally. AIG joins Sindicatum Carbon’s existing strategic shareholders, including Citi.

The GHG reduction sector has seen an explosive growth over the past two years. Sindicatum Carbon Capital has acquired a portfolio of project development rights and core technologies, and it hasestablished technical relationships in its key areas of expertise.

Scott Foushee, Managing Director, AIG Capital Partners, said, “We are attracted by the rapidly growing carbon credit markets and how SCC’s management team is uniquely positioned to capitalize on thisopportunity. The investment in Sindicatum Carbon Capital reflects Global Investment Group’s strong interest in the emerging carbon market and sustainability programs that help mitigate globalgreenhouse gas emissions.”

Sindicatum Carbon Capital is a specialist climate mitigation company using capital and technology to convert GHG emissions into long-term sources of revenue in what has become a major new globalmarket, that of environmental and greenhouse gas emission reductions. They will use the new capital to accelerate the development of its GHG reduction projects and investment in new and emergingtechnologies.

AIG Capital Partners is a member company of AIG Global Investment Group, who has more than us $687 billion in assets and has capabilities in equity, fixed income, multi-manager hedge funds, privateequity, and real estate.

Alex Akesson

Contributing Writer
HedgeCo.Net
Email: Editor@hedgeco.net