BUSINESS
02/07/2011 08:03 am ET | Updated May 25, 2011

Al Gore's Generation Investment Management Makes Big Play In Asia

Al Gore's 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 Generation's investment guidelines of focusing on "economic, social and environmental" sustainability, while eschewing "short-term" profit goals.

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