NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Monday, March 25, 2013

Putting private capital to public service is booming in Asia, and some investment bankers are quitting their high-profile jobs to support “clean and green” enterprises.

The switch does not mean forsaking the pursuit of good investment returns, says Eric Savage, the co-founder and president of Unitus Capital. Savage previously headed the power and infrastructure desk at Citigroup’s Salomon Smith Barney unit in Hong Kong.

Returns from investing in growth-stage social enterprises could be as lucrative as from investing in other projects, he said.