ATEL Leasing Corporation and Kalakane Capital, LLC complete $55 million operating lease for Wal-Mart Transportation, LLC and Wal-Mart Stores, Inc.
ATEL Leasing Corporation and its affiliate, Kalakane Capital, LLC, are pleased to announce the successful funding of a $55 million operating lease with Wal-Mart Transportation, LLC and Wal-Mart Stores, Inc. The leased equipment was comprised of over (900) new refrigerated trailers used at regional Wal-Mart distribution centers.

Kalakane Capital LLC Commences Operations of New Leasing Company
Kalakane Capital LLC, a Minority Business Enterprise, announces its formation in Denver, CO. Kalakane specializes in leasing a wide variety of essential-use equipment such as manufacturing, transportation, shipping, rail, and mining to primarily investment grade corporations. The primary focus is on transactions over $2MM that qualify as true, tax advantaged operating leases. Through relationships with bankers, brokers, leasing companies, third party intermediaries and packaging, Kalakane will act as a funding partner by acquiring new or seasoned leases and portfolios.

VC Investors Warm Up to Tech Again
The San Francisco Chronicle reports that venture capitalists are returning to their old sweethearts, high tech and Internet companies, according to a survey of investment activity in the first quarter of 2006.

Young technology companies raised $3.36 billion nationwide, up 13 percent from $2.98 billion a year ago. In the Bay Area, technology startups raised $1.26 billion in the first quarter, up from $1.10 billion in the same quarter last year.