With the deal, the Troy, Mich., company becomes the latest GSR-funded electric-vehicle firm to set up manufacturing in China. Last year, battery maker Boston-Power raised more than $125 million to construct a Chinese manufacturing plant for its lithium-ion batteries.
5 min read · 10 July 2012
Venture capital fundraising remained sluggish in the second quarter with a small handful of funds once again gathering a lion’s share of the money in a consolidating industry.
2 min read · 09 July 2012
Of the 14 cleantech funds in CalPERS CETF portfolio, five had negative returns while nine had positive ones, as of the end of 2011
2 min read · 08 July 2012
The buzz is that Palo Alto Networks will begin its roadshow next week. With ServiceNow reopening the window to enterprise IPOs, Palo Alto Networks should have a successful debut, right? There have been some lingering doubts.
2 min read · 06 July 2012
The research firm said global activity rose 16% in deals done and dollars allocated, with Internet startups attracting more than a quarter of all investments. Seed, angel and Series A deals made up a third of transactions.
1 min read · 03 July 2012
3 min read · 03 July 2012
It is not everyday that you find an exit for a 15 year old portfolio company and one that bring a more than 4x return on capital to boot.
1 min read · 02 July 2012
2 min read · 02 July 2012
The Sacramento Private Equity Partners portfolio shows mixed results from vintages 2006 to 2011, with median IRR of -4.2%
3 min read · 01 July 2012
For CalPERS, 2007 was a very good year; not so with 2006
2 min read · 01 July 2012
