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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
Financeprivate equity

Ex-KKR tech chief launches new private equity firm

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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January 13, 2015, 3:40 PM ET
Fortune Brainstorm TECH 2011
July 20th, 2011--Aspen, CO, USA Adam Clammer speaks at the Cash Flow: Where The Angels, VCs, PE, and Public-Market Investors are Making Their Bets breakfast roundtable at Fortune Brainstorm TECH at the Aspen Institute Campus. Photograph by Stuart Isett/Fortune Brainstorm TECHPhotograph by Stuart Isett — Fortune Brainstorm Photograph by Stuart Isett/Fortu

Adam Clammer is launching a new private equity firm, nearly two years after stepping down as head of technology investing at Kohlberg Kravis Roberts & Co. (KKR).

The San Francisco-based firm will be called True Wind Capital, and already has hired former Thoma Bravo investor Duncan Gills as a principal. Also expected to be involved is Jamie Greene, who spent more than 25 years as a KKR partner before retiring into an “advisory partner” role after 2012. He continues to serve on the boards of such companies as Aricent, SunGard Data Systems and TASC.

True Wind has not yet raised any outside capital.

Clammer declined to comment. While at KKR, his board seats included Avago Technologies, Eastman Kodak Co., Jazz Pharmaceuticals, Medcath Corp. and NXP.

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