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RockPort caps third cleantech fund at $450M

Posted on June 05, 2008

Longtime clean technology investor RockPort Capital Partners closed its third fund at $450 million to target more of the same mix of energy and environmental deals the firm has specialized in for a decade.The new fund is scaled up dramatically from RockPort's previous 2006 fund of $261 million, and general partner Janet James (pictured) said the firm will adjust by bringing on additional management and increasing deal size, but she said it capped the size of the fund despite an oversubscription of investors. Prior to launching its first fund, RockPort operated as a boutique merchant bank in ...

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Tags:
alternative energy , clean technology , cleantech , cleantech fund , venture capital
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