MLL Capital Partners to introduce new Transportation Technology Fund

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 9, 2010 -- Connecticut-based MLLCP, which provides development capital to middle-market companies, will invite the nation's 14 private pensions to place part of their $85 billion in combined assets, the company said.

"We are in the process of an offering and excited about the potential," said Michael Lintell, a Managing Director at MLL Capital.

Recent volatility in fuel prices and alternative energy programs have increased development of new technologies developing growth of the transportation industry. Sustainable fuel technologies, new materials for lighter-weight construction of mass-transit and commercial freight modes and new innovations in components and infrastructure are providing the basis for the next generation of transportation.

"Nano-batteries, Solar, and Air-powered vehicles may soon become mainstream and there is huge growth potential in the industry over the next 5 to 10 years", said Lintell. "We are looking forward to the day that these newly developing technologies will be part of our every day lives."

The new fund should launch in the second half of 2010.