WHEB announces fund’s fourth closing

WHEB Ventures, a clean-technology private-equity firm, has announced the fourth closing of its second clean-technology fund, WHEB Ventures Private Equity Fund 2 LP, at £100.3m.

The company has attracted substantial support from family offices and financial institutions, and will announce Fund 2’s final closing at the end of May 2010.  

Fund 2’s new commitments include one from the HPE Environmental Innovation Fund, managed by Hermes.