Cook pasta according to package directions until al dente. Drain and set aside.
Heat oil and butter in a large sauté pan over high heat. Add mushrooms, minced garlic, peppers and onion; sauté for 2-3 minutes. Add wine and seasoning. Continue to cook until most of the liquid has evaporated.
Remove from heat; toss vegetable mixture with pasta. Sprinkle with Parmesan cheese. Serve immediately.