Suzanne Weinstock

The Silicon Valley venture firm will allocate one-third of the new fund to cleantech.

The mid-market firm purchased the safety products company for $495m in 2005, and will exit its buy-and-build play through a sale to Canadian industrial supplies company Honeywell.

The San Francisco-based private equity newcomer has closed its oversubscribed fund without the help of a placement agent.

Three heavy-hitting private equity- and venture-backed syndicates have made deposits of more than $100m for an upcoming spectrum auction.

Exit opportunities for US venture-backed companies contracted in the first quarter of this year, according to a recent study.

Peter Pace, formerly the US' highest-ranking military official, has joined the New York- and San Francisco-based private equity firm as an operating partner.

TH Lee, Bain and their banks, which the buyout firms are suing to force funding of their Clear Channel take-private, are releasing heated statements as the banks seek dismissal of a lawsuit filed in New York and a transfer of a Texas lawsuit from state to federal court.

DLJ South America Partners' first fund has completed three investments to date, including particpation in a club deal for Latin American and Caribbean McDonald’s restaurants.

The Canada Pension Plan Investment Board will invest in Noble Environmental Power for wind park development.

Private equity firms have shown increased activity in the Brazilian M&A market, according to a study by PricewaterhouseCoopers.