Wednesday, December 12, 2007

Firsthand Introduces Alternative Energy Fund, Announces Collaboration with Environmental Organizations

From the press release:

Silicon Valley-based investment management firm Firsthand Capital Management today announced the launch of the Firsthand Alternative Energy Fund (Nasdaq : ALTEX), a no-load fund investing in U.S. and international alternative energy and clean technology companies.

In collaboration with Audubon, Defenders of Wildlife, National Wildlife Federation, the Sierra Club and World Resources Institute, Firsthand will contribute a portion of its management fees for the Fund each quarter to these organizations in a proportion determined by the Fund's shareholders....MORE

Firsthand website
White paper (8 page PDF):
Alternative Energy Technologies
Firsthand Capital Management, Inc.