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Quantum collects $2.5bn for Fund VFundraising for the Houston-based firm’s fifth fund took about a year. The total represents a 90% increase over Quantum’s $1.32bn fourth fund.
- Quantum reaches $2bn for fifth fund
The Houston-based energy investor started marketing the fund in the second quarter of 2008 and is targeting $2.75bn in total commitments. A first close was held in July, with subsequent closings since then.
- ARC Financial closes C$403m energy fund
The Canadian private investment firm’s fourth venture vehicle will focus on startup and early-stage energy companies.