Art Janik

Doug Kimmelman, one of the major players behind Goldman Sachs’ power investments, will launch a $1bn private equity fund to invest in North American electricity assets.

VoIP provider Vonage last week snagged $200m in a series E round led by Bain Capital. In a post-bubble venture investing environment where less is more, why is this startup getting so much?

Morgan Stanley Venture Partners, formed in 1986, will spin out of its parent company as an independent venture capital firm called Crossmark Capital.

Thomas H. Lee and CIVC will reap a huge profit in the sale of TransWestern Publishing, a US yellow pages publisher, to London’s Yell Group.

Following a 2003 policy change in the way it deals with its intellectual property, the computer giant this week launched Microsoft Intellectual Property Ventures, which will work in conjunction with venture capitalists and entrepreneurs to license 20 technologies to startups and small companies.

The publicly traded investment and merchant banking firm has announced a final close on $875 million for its second private equity outing, with $136m of the total coming from the firm’s managing directors and professionals.