CleanTech Investments

I cant believe it’s been so long since I posted a green piece;

Since a hedge fund bought into Chrysler and gave the proceeds to Zapp Electric Carsor did they?.. I thought I was homing in on the alternatives alternative.

Well in my archives there is lot’s, I will post links to all 4 websites tomorrow (remind me), but heres a start;

Alternative investment manager, the Blackstone Group, has launched a new business group focused on investments in the cleantech energy sector and will provide advice on renewable energy strategies across Blackstone’s asset base.

The team is being led by James D. Kiggen, who has joined the firm’s Corporate Private Equity group as a Senior Managing Director. Also joining as Principals from AllianceBernstein are Walter C. Vester and Richard L. Troyer.

“Jamie and his team’s understanding of rapidly evolving technology applications in solar and wind power generation, carbon sequestration, next generation ethanol, and other renewables will be a key input in Blackstone’s investment decisions.” Garrett Moran, Senior Managing Director of The Blackstone Group, said, “We look forward to working with the new team across both conventional energy investments and new developments, including those at our portfolio company Sithe Global Power, as well as several other sizeable investments that we are currently evaluating.”

About Alex Akesson

Alex has been specializing in hedge fund and alternative investment news since April 2006. Working mainly in research and manager interviews, she has published breaking news on the hedge fund industry on her blog, as well as several industry publications. Her access to hedge fund managers gives her insight into news stories as well, and the ability to track press releases and other breaking news in real time.
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