Monday, March 25, 2013

Bankers ride boom in social enterprises





Putting private capital to public service is booming in Asia, and some investment bankers are quitting their high-profile jobs to support "clean and green" enterprises.


The switch does not mean forsaking the pursuit of good investment returns, says Eric Savage, the co-founder and president of Unitus Capital. Savage previously headed the power and infrastructure desk at Citigroup's Salomon Smith Barney unit in Hong Kong.


Returns from investing in growth-stage social enterprises could be as lucrative as from investing in other projects, he said.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1199062/bankers-ride-boom-social-enterprises

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