Kleiner Perkins is planning to raise something it calls a “Green Growth” fund, to invest in later-stage cleantech opportunities. It also may do select public investments, carveouts and spinouts. This is separate from Kleiner’s existing early-stage cleantech program, which will continue unabated.
Sources tell peHUB that the Green Growth fund is expected to raise north of $400 million, and that Al Gore is among those pitching it to limited partners.
