Investors have re-evaluated the value hedge funds actually add to their investment plan, and as a result have greater negotiating power, a Towers Watson report says.
The company evaluated the performance of eight reward-based crowdfunding platforms (where a donor receives a reward of value in exchange for a cash contribution) and six investment-based platforms (where investors receive equity or interest on their investment).
These findings are generally consistent with an analysis by ICF International, which evaluated the impact of a 30% ITC for CHP projects with overall efficiencies of 70% lower heating value or greater.