Middle East Economic Survey

VOL. LIII

No 4

25-Jan-2010

UAE

Masdar And Deutsche Bank Raise $265Mn For Clean Tech Investment

The Abu Dhabi Future Energy Company (Masdar) and Deutsche Bank on 19 January launched the DB Masdar Clean Tech Fund, a diversified venture capital and private equity investment vehicle seeking to build a portfolio of pioneering clean technology and renewable energy companies. The fund, co-managed by Masdar Venture Capital and DB Climate Change Advisors (DBCCA), raised $265mn at...