Blackstone Forms Cleantech Unit

Aug 7 2008 | 12:10pm ET

The Blackstone Group has established of a new business group to focus on investments in the cleantech energy sector and provide advice on renewable energy strategies.

The new unit is led by James Kiggen, who has joined the firm’s corporate private equity group as a senior managing director. Kiggen was most recently a senior vice president at AllianceBernstein, where he created and managed a research team focused on emerging sciences and technologies.

He is also a former managing director at Donaldson, Lufkin & Jenrette and Credit Suisse First Boston, where he was a top-ranked equities analyst covering public and private technology companies.

Also joining as principals from AllianceBernstein are Walter Vester and Richard Troyer. Vester has seven years’ operating experience in communication and energy technology companies and was a project leader at the Boston Consulting Group. Troyer was a sell-side research analyst in biotechnology at CSFB and Piper Jaffray, and a consultant at Marakon Associates.

“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,” said Garrett Moran, senior managing director at Blackstone.


In Depth

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note