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Guggenheim Venture Partners Becomes Alara Capital and Splits from Guggenheim

Posted on: August 1, 2011 by Luisa Beltran2 Comments »

Alara Capital has spun off from Guggenheim Partners. Alara, which has offices King of Prussia, Pa. and Austin, Texas, is the former Guggenheim Venture Partners. All of GVP’s team’s has moved to Alara.

Guggenheim Venture Backs DesignLine

Posted on: January 5, 2011 by PEHub Administrator2 Comments »

DesignLine Corp., the maker of hybrid and electric mass transit vehicles, has secured financing from Guggenheim Venture Partners, which doubled its investment in the bus development company, as well as Orix Venture Finance, which provided a new debt facility. Darren Wallis and Jeff Bede worked on the deal for Guggenheim Venture Partners and Orix, respectively.