Ara Partners raises $400m

The Houston-based firm held a final closing of its debut growth fund.

  • Fund name: Ara Fund I
  • Target size: $500 million
  • Amount raised: $400 million
  • Stage of fundraising: Final close
  • Final close date: May 2020

Ara Partners held a final closing of Ara Fund I at $400 million. Capital raised by the vehicle will be used to invest in growth-stage companies throughout North America and Europe that contribute to the decarbonisation of the industrial industry.