Fugees - Pras Swaps Fugees For Hedge Funds With Green Energy Equity Firm

0
0
Subscribe to Fugees alerts

Former Fugees star Pras is teaming up with one of U.S. President Barack Obama's biggest fundraisers to launch a private equity fund to invest in renewable energy.

The rapper, real name Praskazrel Samuel Michel, is joining forces with businessman Frank White, Jr. and venture capitalist Shomik Dutta to found DuSable Capital Management Llc.

The trio hopes to oversee a $500 million (£333 million) to $1 billion fund which will concentrate on boosting green power in the U.S.

Michel tells New York Post gossip column Page Six, "I'm fascinated that as the most powerful country, we should be No. 1 in energy and infrastructure, and we're not. We're trying to do our part."

The new partners met during the original 2008 campaign to get President Obama into the White House, when White raised more than $10 million (£6.6 million) for his election coffers.


Contactmusic

Tags: Fugees - Pras - Barack Obama

0
0
Subscribe to Fugees alerts
Advertisement

More Fugees

An Ode To Bustin' Outta Jail: Lauryn Hill Releases 'Consumerism' [Listen]

Upon her release from a three month prison sentence, rapper Lauryn Hill has dropped a new single that blasts the world's social issues. Hill was...

Lauryn Hill Begins Three Month Jail Term: Five Stars With Tax Problems

Lauryn Hill, the Grammy-winners singer whose only solo album The Miseducation of Lauryn Hill remains a classic of its generation, has begun a three month...

Lauryn Hill Defends Sony Deal On Tumblr Site

Rumors that Lauryn Hill has signed a new deal with Sony Music are true, the singer has confirmed. However, the former Fugees star released a...

Advertisement

Wyclef Opens Up About Lauryn Hill Affair In New Memoir

Wyclef Jean's new memoir Purpose: An Immigrant's Story gives a remarkable insight into the singers’ life, the break up of The Fugees, life post-earthquake and...

Lauryn Hill Branded A Liar In Wyclef Jean Memoir ‘Purpose’

Lauryn Hill finds herself at the centre of some pretty damning allegations, courtesy of a new book, written by her former band mate Wyclef Jean....

Fugees Boof Baf Video

'Boof Baf' was the first single by Fugees, released in 1993 and was their only single never to chart. It featured on their debut album...

Advertisement

Comments

Fugees Newsletter

Subscribe to this news alert service to receive news and reviews on Fugees

Unsubscribe | Unsubscribe All