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Roundup: KKR goes green, Sun reports a loss, RIAA chases co-eds
Posted on May 01, 2008
Private equity firm teams up with environmentalists: Green really does mean green, as in money, these days. Kohlberg Kravis Roberts has teamed up with the Environmental Defense Fund to create a green portfolio partnership of companies that can help improve the environment and get a return for investors. As of Sept. 30, 2007, KKR s investments were worth $86 billion. It could make a big difference if it throws some of that weight behind environmental investments, and it s interesting that it was announced on the same day that Kleiner Perkins started a new green fund.Sun reports a quar...
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