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The Artemis Global Energy fund is poised to raise its allocation to renewables by investing in a private company developing innovative fuel cells.
John Dodd and Richard Hulf, the fund's managers, plan to allocate 1.75% of the Pounds 84.1m portfolio to Loughborough-based clean power systems company Intelligent Energy by the end of the year.
The managers can allocate up to 10% of the portfolio to private businesses. It owns four such enterprise, accounting for 5%...