Calif. Firm Launches Clean Tech Fund

Feb 3 2006 | 1:00am ET

Los Angeles-based Paladin Private Equity Partners has launched a clean technology fund.

The California Public Employee’ Retirement Systems will be the lead investor in the fund, and has already made a $40 million commitment.

The clean tech fund will target small and mid-cap companies that develop, manufacture and promote clean technologies. The fund has a target close of $200 million.

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