Suzanne Weinstock

DLJ founder Richard Jenrette is the latest veteran of the investment bank to join the publicly-listed alternative asset manager, re-teaming with former colleague and current Blackstone president Tony James.

The Luxembourg-based steel producer has launched two funds targeting cleantech and carbon credit-producing investment opportunities. The cleantech fund has made its first investment in solar company Miasolé, injecting $20m into the company.

The US’ second largest pension fund has allocated $1bn to the growing asset class with California’s infrastructure needs to be given preference. The pension also announced its prediction that private equity will reach 15 percent of total assets by 2012.

The School Employees Retirement System of Ohio has approved commitments to two mid-market private equity fund managers.

The venture investors have co-led the funding round for Germany’s Sulfercell, which will support the construction of a manufacturing facility. The investment is the first for CCC’s €200m private equity fund.

The former head of Carlyle’s North American industrial buyouts group, Jay Powell, will apply his experience to the North American cleantech sector; GEF’s Clean Technology Fund II is targeting $350m.

Daniel Dantas, who once managed Brazil's largest private equity fund, was arrested yesterday on suspicion of heading a criminal organisation; the executive has been embroiled in a long string of legal conflicts stemming from his alleged mismanagement of the Citigroup-affiliated private equity fund.

Participants in the Latin American M&A market cite the regulatory climate and opposition to giving up management control as the top foils to private equity in the region, according to a survey.

The exchange-focussed private equity firm has brought aboard the head of CHX Holdings, parent company of the Chicago Stock Exchange, as it deploys its second fund.

The Washington, DC-based development institution has furthered its support of regional SMEs via a $15 million investment in the Senegal-based Atlantic Coast Regional Fund, which has held a first close on $75 million.