Sunday 8 March 2009

Tchenguiz sells $150m green assets

THE property tycoon Vincent Tchenguiz has quietly been unwinding his portfolio of “green” investment funds and technology companies.
His Consensus Group has in recent weeks sold $150m (£106m) worth of holdings from what was once a $450m portfolio.
The Iranian-born investor told The Sunday Times that the sales were being carried out to “take advantage of market opportunities . . . as well as to increase liquidity”.