ARC Financial near $1 bln first close of Fund VIII
ARC Financial Corp, the Calgary-based investor in Canadian oil and gas projects, is approaching a first close on about $1 billion for its eighth private equity fund, according to a source familiar with the firm. Headed by Co-CEOs Kevin Brown and Lauchlan Currie, ARC Financial waded into the fundraising market about 10 weeks ago for ARC Energy Fund 8, which is targeted to raise about $1.5 billion in total.
10 March 2015•2 mins read
