Silver Lake Hires Credit Suisse’s Lee for Clean-Energy Fund

Silver Lake, the Silicon Valley private-equity firm with about $14 billion under management, has recruited Credit Suisse Group AG banker Bryce Lee to join a fund focused on clean-energy companies.

Lee, Credit Suisse’s head of technology investment banking in the Americas, starts at Silver Lake’s new Kraftwerk fund in June, said Adam Grosser, who is leading the group. The fund is seeking about $1 billion in capital and already has a commitment of about $300 million from George Soros’s Soros Fund Management LLC, according to two people with knowledge of the matter.