Al Gores Generation Investment Management LLP, which buys shares of companies it deems socially responsible, aims to start a $500 million fund to invest in Asia, said two people briefed on the plan.
The fund may start by July, said the people, who asked not to be identified because the information is private. It will buy shares of Asian companies that adhere to Generations investment guidelines of focusing on economic, social and environmental sustainability, while eschewing short-term profit goals.
