News

Four private equity firms caught up in the New York pension pay-to-play scandal have agreed to stop using placement agents as part of a deal with the state’s attorney general.

When it rains in Scandinavia, it pours for the Cumulus Funds.

Hong Kong funds of hedge funds shop Infiniti Capital is expanding to its nearest neighbor.

The Securities and Exchange Commission is moving forward with its plan to ban flash-trading, meaning the controversial practice could be in its final months.

EVE Energy, a Chinese lithium battery company, has received permission from regulators to make an initial public offering on China’s new Growth Enterprise Market (GEM).

The U.S. Department of Energy (DoE) will provide a total of $14.6 million in funding for 22 water power projects to advance the commercial viability, market acceptance and environmental performance of new marine and hydrokinetic technologies as well as conventional hydropower plants.

Recipients include the Electric Power Research Institute in Palo Alto, California, which will receive funding worth $1.5 million, $500,000 and $600,000 for three projects; and the Hydro Research Foundation in Washington, DC, which will receive up to $1 million.

Emerald Technology Ventures, a cleantech venture capital firm with offices in Zurich and Montreal, on Monday announced the addition of Whitney Rockley to its investment team.

Early-stage chemical development company Rennovia, has raised $6 million in startup funding from 5AM Ventures and Versant Ventures, according to regulatory documents.

Solar energy company BrightSource Energy Inc. on Thursday said it had scrapped plans to build a renewable energy facility in the eastern Mojave Desert wilderness.

RE:SEARCH, an online research portal for in-depth reports about renewable energies, cleantech and energy efficiency, has launched a free, keyword-driven cleantech search engine.