Carbon Trading - Carbon Fund

How does one really raise money for a carbon fund?

Does one positively need to be:

- Successful investment banker / fund manager / rich dude with a good track record?
- A well known boutique or major bank?
- A Russian oligarch with green intentions - but only for this american idea of PEE ARR (Publick Relations)?

I know a guy with decent deal flow for new credit projects, CDM and even some JI, but he is not connected. The owners are developing a good (but not humungus) deal flow chain, and seem to know what they are doing. But he has little chance of getting a fund together because he really only has a trader's background and not a high level financier. The are not in a main city and they have a small balance sheet. It seems they will be relegated to the 'introducer heap' and not really earn a management fee.

What's a developer to do??

Any thoughts for this company? how to find money? Do NOT suggest introducing the deals. They have enough of that.

Sox

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