The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
Investment / Alternatives Summit - March / Oct / Nov
Investment Day - March / July / Sept / Oct / Nov
Private Wealth Summit - April / Oct / Nov
Family Office Summit - April / Oct / Nov
View Events | Register
This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.
Carbon Offset Developer C-Quest Capital Reports Wrongdoings & Over-Issuing Millions of Carbon Credits by ex-CEO Ken Newcombe to United States Authorities, Fired Senior Executives & Staff
5th July 2024 | Hong Kong
Carbon offset developer C-Quest Capital has reported wrongdoings & over-issuing millions of carbon credits by ex-CEO Ken Newcombe to the United States authorities, and fired senior executives & staff. C-Quest Capital (24/6/24): “C-Quest Capital LLC (“C-Quest” or the “Company”), a global carbon project developer with a mission of empowering rural communities to address climate change and drive sustainable development, today announced that it uncovered wrongdoing by its former Chief Executive Officer, Kenneth Newcombe, which resulted in the over-issuance of millions of carbon credits to the Company in connection with its clean cooking programs registered with the carbon credit registry Verra. C-Quest’s new leadership team voluntarily reported the wrongdoing to U.S. federal law enforcement, regulators, and Verra. Voluntary Reporting of Wrongdoing to U.S. Authorities and Over-Crediting to Verra – C-Quest’s new leadership team voluntarily reported the review’s findings to U.S. federal law enforcement, regulators, and Verra. C-Quest expects Verra to launch its own independent review of the matter soon, and will work constructively with the registry to facilitate the cancellation of millions of credits that C-Quest believes were over-issued. In the interim, C-Quest has transferred credits assumed to be affected to separate accounts, which will enable the Company to cancel or retire any affected credits for no compensation upon the completion of Verra’s review. C-Quest’s new leadership team has also voluntarily suspended the sale of issued credits from its affected cookstove projects. To seek to ensure the over-crediting does not impact any C-Quest customers, the Company will be making all necessary credit cancellations from inventory. C-Quest believes that all credits that customers have purchased from C-Quest are validly issued, verified credits that represent the appropriate carbon savings from cookstove installations in rural households.”
“ Carbon Offset Developer C-Quest Capital Reports Wrongdoings & Over-Issuing Millions of Carbon Credits by ex-CEO Ken Newcombe to United States Authorities, Fired Senior Executives & Staff “
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here
10th April & 16th Oct Hong Kong Ritz Carlton | 24th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
About C-Quest Capital – C-Quest Capital is a carbon project developer with a mission of empowering rural communities to address climate change and drive sustainable development. We are committed to catalyzing a sustained transition to a climate resilient future for communities whose well-being are most at risk from climate change. Our ambition is to use carbon finance to achieve a long-term transition to more sustainable alternatives at scale … … In early 2024, a Special Committee of non-executive directors of C-Quest’s Board of Directors commissioned a global law firm to conduct a review of C-Quest’s operations and help inform potential corrective actions. This review uncovered issues with the Company’s operations that resulted from Mr. Newcombe’s wrongdoing. As part of its remedial measures, C-Quest appointed Jules Kortenhorst as CEO in early February 2024. Mr. Kortenhorst has served as a director of C-Quest since 2023 and is a member of the Special Committee. Mr. Kortenhorst recognized the opportunity to transform the business and drive improvements across the industry. He is the former CEO of RMI and the European Climate Foundation and a recognized leader on global energy issues and climate change. The Company has also appointed a new Chief Operating Officer, Chief Transformation Officer, General Counsel, and Director of Compliance.
Carbon Offset Developer C-Quest Capital Reports Wrongdoings & Over-Issuing Millions of Carbon Credits by ex-CEO Ken Newcombe to United States Authorities, Fired Senior Executives & Staff
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.
Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more. List hard-to-find financial & private wealth services.
Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at angel@caproasia.com or mail@caproasia.com
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM
For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success
Register Below
Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.
Sign Up / Register
Please click on desktop.
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2025 Investment Day
- March - Hong Kong
- March - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
Contact Us
For Enquiries, Membershipmail@caproasia.com, angel@caproasia.com
For Listing, Subscription
mail@caproasia.com, claire@caproasia.com
For Press Release, send to:
press@caproasia.com
For Events & Webinars
events@caproasia.com
For Media Kit, Advertising, Sponsorships, Partnerships
angel@caproasia.com
For Research, Data, Surveys, Reports
research@caproasia.com
For General Enquiries
mail@caproasia.com
a financial information technology co.
since 2014
