Pegasus Capital Founder to Outline Successes of Such Investments and Announce New Breakthroughs in Energy Efficient Lighting at Clinton Global Initiative
Published 09-22-09
Submitted by Pegasus Capital Advisors
Sustainable, resource-efficient businesses are transforming important segments of the world’s economy and reshaping the competitive landscape with high growth rates and ample room to gain further share. For more than a decade, Pegasus has been identifying, sourcing and cultivating promising companies with more sustainable, resource-efficient solutions operating at a profit in the real world. At the Clinton Global Initiative this week, Craig Cogut, founder and co-managing partner of Pegasus Capital Advisors, will be working and meeting with key business entities, public policy leaders and others to underscore the practical nature of investing and building new drivers of a sustainable economy and the opportunities that exist. Mr. Cogut will be available for media interviews.
Pegasus has a strong business creation and investment track record, which relies on low use of financial leverage and focuses instead on adding significant value to resource and energy-efficient businesses positioned to grow rapidly. The firm has deep experience in discovering and creating sustainability investments, with a focus on providing real-world solutions that are transforming large industrial and consumer markets today.
For example, Lighting Sciences Group designs, manufactures and markets intelligent, environmentally friendly light emitting diode (LED) lighting solutions for consumer and professional applications. The Company's patented and patent-pending designs in power management, thermal management, controls and micro-electronics are engineered to enhance lighting performance, reduce energy consumption, lower maintenance costs and eliminate the use of hazardous materials. The company will announce at CGI that its next-generation LED replacement lamps, which will significantly increase light output while reducing energy consumption by 80 percent, will be available in the fourth quarter of this year for as little as 50 percent the cost. This innovative new line dramatically expands the market for sustainable lighting technology.
Among many sustainable companies in the Pegasus portfolio, other resource-efficient companies include:
Pegasus Capital Advisors, L.P. is a private equity fund manager that provides creative capital and strategic solutions to middle market companies. It is currently pursuing initiatives in several key emerging sectors, including renewable and alternative energy, natural and organic human and pet foods, alternative building materials, LED lighting, energy efficiency in the built environment and sustainable business solutions in a number of industries. Established in 1995, Pegasus has cumulatively managed approximately $2 billion in assets through several private equity funds and has made more than 70 investments. The firm maintains a team of over 40 investment and advisory professionals and has offices in Cos Cob, CT, New York, NY and Santa Monica, CA.
WHO: Craig Cogut, founder and Co-Managing Partner of Pegasus Capital Advisors
WHAT: Success and Opportunities in Sustainable Businesses
WHERE: Clinton Global Initiative, New York, NY
WHEN: September 22 - September 25