Kyoto Planet Asset Management Launches Clean Energy Fund

    Unique investment approach combining Private and Public equity

    TORONTO, Ontario, Oct. 31 /CNW/ -- Kyoto Planet Asset Management today
launched the Kyoto Planet Fund, targeting the burgeoning renewable energy and
clean technology industries globally. The Kyoto Planet Fund, an open
investment fund created exclusively for accredited individuals and
institutions, has a unique portfolio approach that includes both public and
private companies, giving the Fund flexibility to uncover additional value in
these relatively new industries.
    "The clean technology and renewable energy industries offer investors a
unique opportunity, both from a financial return perspective and as a way to
help combat climate change," said Craig Basinger, CEO of Kyoto Planet Asset
Management, the investment advisor to the Fund. "We believe that we are in the
early stages of a long-term trend towards increased renewable energy use."
    One key aspect of the Kyoto Planet Fund is the blend of both public and
private market investments. Kyoto Planet Asset Management believes that the
renewable energy and clean technology industries are still in their infancy
from a developmental perspective and, as a result, many of the great
opportunities are still privately held. With up to approximately 25% of Kyoto
Planet Fund targeted for private equity at any one time, this investment
approach combines the liquidity of the public market with the opportunity of
the private market.
    "The Kyoto Planet Fund is unlike other eco-focused funds because it's
created and managed by the financial arm of a broader eco-focused company,
rather than a large financial company simply offering an eco fund," said
Basinger. "Our parent company, Kyoto Planet Group, has a number of different
businesses all focused on combating climate change and promoting environmental
sustainability, which helps Kyoto Planet Asset Management uncover unique
investing opportunities by leveraging expertise from other Kyoto Planet Group
business units."

    Investing with a Conscience

    As part of its mission, the parent company Kyoto Planet Group has
committed to give one-third of its net profits to its affiliate the Kyoto
Planet Foundation. The Kyoto Planet Foundation, which is in the process of
developing its charter, will distribute funds to environmental groups or
projects that strive to solve climate change issues and promote issues of
eco-friendly sustainable living.

    About Kyoto Planet Asset Management Inc.

    Formed in June 2007, Kyoto Planet Asset Management is a subsidiary of
Kyoto Planet Group Inc.  Kyoto Planet Asset Management provides investors with
professionally managed investments in global renewable energy and clean
technology industries. Headquartered in Toronto, Kyoto Planet Asset Management
launched its Kyoto Planet Fund in October 2007. For more information about
Kyoto Planet Asset Management, please visit

    About Kyoto Planet Group

    Kyoto Planet Group is a socially responsible eco-conscious company
housing three distinct but interrelated entities: Kyoto Planet Financial
Services (including Kyoto Planet Capital Partners & Kyoto Planet Asset
Management), a vehicle to support and facilitate active investments in the
green sector; Kyoto Planet Enterprises, a division focused on practical
information, products and services for environmentally conscious consumers and
businesses; and the Kyoto Planet Foundation, established to award grants and
manage the non-profit activities of the company. For more information please

For further information:

For further information: Helen Allrich of Weber Shandwick,
+1-425-452-5402,, for Kyoto Planet Asset
Management; Web Site:,

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