Under Simpson, Silver Lake Energy Fund Aims For $1.25B

Law360, New York (December 7, 2011, 5:28 PM EST) -- Technology private equity giant Silver Lake Group LLC finally put a price tag on its new clean-energy fund of $1.25 billion, saying Wednesday that it had raised $206.8 million so far.

In a regulatory filing, Silver Lake said its Kraftwerk Fund, a partnership with billionaire George Soros' hedge fund that will focus on renewable energy technology, took its first investment in November and already has 25 investors total, each putting in at least $400,000.

The filing is the first for Kraftwerk since Silver Lake announced the...
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