New Managing Director Joins GEF Investment Team

Global Environment Fund (GEF) has hired Mr. Raj Pai as a managing director for the firm's investment activities in India and South Asia. Prior to joining GEF, Mr. Pai was a managing director at CID Capital where he was responsible for investing growth and expansion stage capital in the U.S. and India. Mr. Pai will concentrate on investment opportunities within GEF's target sectors with a special focus on clean technology and alternative energy in Asia. Mr. Pai will be headquartered at GEF's office in Mumbai, India.

About Global Environment Fund

Global Environment Fund is a Washington, DC based private equity firm founded in 1990 with three distinct investment teams focused on clean technology, emerging markets, and international forestlands. The firm manages one billion dollars in private equity investments for institutional investors including university endowments, foundations, family offices and pension funds. www.globalenvironmentfund.com.