May 16, 2008

By Paul Feinberg

Ira EhrenpreisLOS ANGELES - On Friday, May 9, UCLA Anderson, in conjunction with the Rady School of Management (UC San Diego) and the California Institute of Technology (Cal Tech) hosted California Clean Innovation (CACI) 2008. It marked the second convening of the now annual conference and the first time hosted by UCLA Anderson.

The conference was themed “Driving Business, Technology and Policy Innovation.” Its goal was to present a forum for the discussion of business, management and investment opportunities in the myriad and disparate industries that are considered “clean” or environmentally beneficial. The day included keynote speeches from Ira Ehrenpreis, general partner, Technology Partners and Stuart Hemphill, Southern California Edison’s vice-president in the area of renewable and alternative power, as well as breakout panel sessions and a fastpitch competition. UCLA Anderson’s Dean Judy Olian delivered the day’s opening remarks, while UCLA Chancellor Gene Block was the lunch speaker.

In his address, Ehrenpreis opened with a declaration, stating that “Cleantech investing is all about the green ... and that has nothing to do with the environment. It’s about money.” Ehrenpreis’ emphasized over and over that investing in clean technology was much more than just doing something positive for the planet, it is about investing for profit in an area Ehrenpreis believes is currently our “greatest economic trend.”

About UCLA Anderson School of Management
UCLA Anderson School of Management, established in 1935, is regarded among the very best business schools in the world.  UCLA Anderson faculty are ranked #1 in "Intellectual Capital" by BusinessWeek and are renowned for their teaching excellence and research in advancing management thinking. Furthermore, the finance faculty is ranked #1 in research publications in the four leading peer-reviewed journals by the Financial Management Association. Each year, UCLA Anderson provides management education to more than 1,600 students enrolled in MBA, Executive MBA, Fully-Employed MBA and doctoral programs, and to more than 2,000 professional managers through executive education programs.  Combining highly selective admissions, varied and innovative learning programs, and a world-wide network of 35,000 alumni, UCLA Anderson develops and prepares global leaders.

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