Closed Loop Fund Closes 3 Deals; Founder To Comment On NYT Op-Ed Touting Death Of Recycling
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This post was originally produced for Forbes. Closed Loop Fund, an impact investment fund, recently closed its first three deals, providing financing for municipal waste. Rob Kaplan, Managing Director, explains the reason for the fund’s existence, “Lack of infrastructure is one of the greatest barriers to more recycling in the country. The Fund plans to invest $100 million in the U.S. recycling infrastructure by 2020. The Fund invests in the form of zero-interest loans to cities and low interest loans to recycling companies, to prove that recycling business models are financially sustainable now into the future.”
Closed Loop Fund Closes 3 Deals; Founder To Comment On NYT Op-Ed Touting Death Of Recycling
Closed Loop Fund Closes 3 Deals; Founder To…
Closed Loop Fund Closes 3 Deals; Founder To Comment On NYT Op-Ed Touting Death Of Recycling
This post was originally produced for Forbes. Closed Loop Fund, an impact investment fund, recently closed its first three deals, providing financing for municipal waste. Rob Kaplan, Managing Director, explains the reason for the fund’s existence, “Lack of infrastructure is one of the greatest barriers to more recycling in the country. The Fund plans to invest $100 million in the U.S. recycling infrastructure by 2020. The Fund invests in the form of zero-interest loans to cities and low interest loans to recycling companies, to prove that recycling business models are financially sustainable now into the future.”