US venture capital investment in cleantech companies in Q3 2009 increased 46 per cent compared to the prior quarter to USD965m in 50 financing rounds, according to an Ernst & Young analysis based on data from Dow Jones VentureSource. This is the second consecutive quarter of growth in 2009 and

TJ Hughes, the big brand discount department store backed by European private equity firm Silverfleet Capital, has appointed Hawkpoint to undertake a strategic review of the business. Sue Tennant, chief executive of TJ Hughes, says: “We’ve defied the gloom on the high street with a successful strategy of providing branded

State Street has been appointed to provide fund administration services for Intermountain Equity Group’s newly launched private equity fund. State Street will support IEG’s USD400m private equity real estate fund with a full range of administration services, including custody, accounting, financial reporting and tax services. Based in Sun Valley, Idaho,

The Churchill Club, Silicon Valley’s business and technology forum, will host a discussion with private equity and venture capital experts on 3 November 2009 on the future of venture capital and private equity investing, heading into 2010. According to the forum, private equity and venture capital will play a key

Henderson Equity Partners has completed a USD17m investment in Genesis Colors Private, a specialist in Indian luxury apparel, on behalf of Henderson Asia Pacific Equity Partners II. Genesis is engaged in the design, manufacture and sale of luxury apparel under the Satya Paul brand and also has distribution rights in

Quality Technology Services, a provider of data centre facilities and managed services, has entered into an investment partnership with global growth investor General Atlantic. Under terms of the partnership, GA will invest USD150m into QualityTech. The investment will be used to grow existing and new data centres and continue development

Aureos Capital, a private equity fund management company, has sold a 13 per cent stake held by one of its funds in the Sri Lankan trading software company MillenniumIT to the London Stock Exchange Group. The company has been acquired by the London Stock Exchange Group for USD30m.   MillenniumIT

Fifth Third Bank has formed a focused private equity lending team, Fifth Third Sponsor Leveraged Finance. The team will provide cash flow financings to a select group of private equity clients and will target businesses with USD10m to USD50m in earnings before interest, taxes depreciation and amortization. Managing directors Brian