Jennifer Harris

Craton makes first clean-tech fund investment

CalPERS-backed Craton Equity Partners is investing in clean-tech, but not energy, says managing partner Tom Soto: ‘Too many horses in that race.’

Blackstone names head of public market activities(2)

Joan Solotar, previously managing director and director of equity research at Bank of America Securities, will manage relations with Blackstone’s public investors.

HM Capital sells $600m stake in energy firm

Dallas-based HM Capital Partners becomes the latest private equity firm to realize a substantial return on its investment in the energy sector.

StepStone hires former SBIC head as managing director(3)

The La Jolla, California-based firm’s new managing director, Jaime Guzman-Fournier, will help found an emerging managers team.

Onex, Carlyle to acquire GM division for $5.6bn

As GM shaves off assets to improve liquidity, Onex and The Carlyle Group have come away with US-based Allison Transmission.

Blackstone names head of public market activities

Joan Solotar, previously managing director and director of equity research at Bank of America Securities, will manage relations with Blackstone’s public investors.

Gores Group closes $1.3bn fund

The Los Angeles-based firm’s second fund is more than three times the size of its previous vehicle.

Spark closes second venture fund on $360m

The Boston, Massachusetts-based venture firm has closed its second fund on $360 million.

Apollo in organic supermarket deal(3)

The sale of the two natural food chains may aid Whole Food’s planned merger with Wild Oats, which currently faces opposition from the FTC.

ECP sees 3x return on African bank exit(3)

Washington DC-based Emerging Capital Partners has completed the latest of a series of profitable exits from its pioneering African investment program.