Venture Capital Firm

The sale of Midwest Airlines to a private equity firm has finally been approved.

Feb. 23 (Bloomberg) — Paul Otellini, chief executive officer of Intel Corp., talks with Bloomberg’s Brian Weiss about the company’s plan to invest 0 million in US technology companies over the next two years to spur domestic job growth. The investment is part of a .5 billion effort by a group of 24 venture-capital firms [...]

Feb. 1 (Bloomberg) — Citigroup Inc. plans to sell or split off its billion Citi Private Equity unit, expanding the list of money-management businesses the US bank is disposing of to reduce debt, people familiar with the matter said. Bloomberg’s Jonathan Keehner reports. Source: Bloomberg)

Jan. 26 (Bloomberg) — Ira Ehrenpreis, a general partner with cleantech VC Technology Partners, talks with Bloomberg’s Julie Hyman and Mark Crumpton about the ability of venture capital investments to create jobs. Ehrenpreis also discusses investment in clean technology, utilities and alternative energy. (Source: Bloomberg)

involving Employee Stock Ownership Plans. The firm, which would later come to be known as Kelso & Company, would transition toward private equity investments in the late 1970s and would raise its first private equity fund in 1980. Today Kelso & Company is a billion private equity firm and was among the 50 largest [...]