PSolve writes off 1.5 million pounds in Focus Capital
LONDON (Reuters) - Fund of funds PSolve Alternative said it had written off 1.49 million pounds worth of investment in Focus Capital, a U.S.-based hedge fund. feeds.reuters.com
VCs Fund Advanced Power Projects, Inc. (Business Wire)
FREMONT, Calif.----Innovative technology by energy leaders to produce reliable electricity and less greenhouse gas is now available for commercialization. Pete Cartwright, co-founder and CEO of Advanced Power Projects, Inc. , has secured the support of investors to apply the Simplified Combined Cycle process to existing power plants and new alternative energy facilities. us.rd.yahoo.com
China Architectural Engineering Raises $20 Million (Business Wire)
ZHUHAI, China & LOS ANGELES----China Architectural Engineering, Inc. , a leader in the design, engineering, fabrication and installation of high-end building envelope solution systems, today announced that it has closed a financing transaction under which it issued $20 million in convertible bonds as well as warrants to purchase 300,000 shares of its common stock. us.rd.yahoo.com
Godvig Capital to double Iraq-listed stock holdings
LONDON (Reuters) - Alternative investment firm Godvig Capital plans to double its Iraqi-listed equity holdings in 2008, betting on rising foreign investment and oil-industry restoration despite the continuing violence. feeds.reuters.com