EnCap's Newest Pool Has $5 Billion Hard Cap, Fundraising to Close in Q4

What's the hottest topic at the Buyouts Dallas conference? It's not the fiscal cliff or the lack of M&A but a private equity firm: EnCap Investments. EnCap, which focuses on oil and gas, is out fundraising for its latest fund, LP and placement sources say. The pool, EnCap energy Capital Fund IX, has a $4.25 billion target and a $5 billion hard cap, sources say.

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