Energy / oil & gas

The global transition fund, soon to close at $15bn, will be “just the first fund in what we believe will be a very attractive growth avenue,” Brookfield managing director Natalie Adomait said.

London-based private equity firm Actis has closed its fifth energy fund at $4.7 billion, beating its $4 billion target.

SER is part of a burgeoning community of fund managers focusing on sustainability strategies that includes some of the biggest private equity managers in the world.

Sustainability-focused private equity firms share their thoughts on the bipartisan infrastructure bill that touches upon climate change.

Black Bay Energy Capital has raised nearly $62 million for its second fund, according to an SEC filing.

Investing in the energy transition yields a wealth of opportunity, but oil and gas still have a role when executed in the cleanest, most efficient way, say EnCap Investments CFO Craig Friou and managing partner Jim Hughes.

Electrification is exciting, but the real challenge is decarbonizing while still keeping reliability high and the lights on, say ECP managing partners Pete Labbat and Tyler Reeder and founder and senior partner Doug Kimmelman.

EnCap's inaugural energy transition fund marks one of the few examples of a long-time investor in hydrocarbons raising LP money for a low-carbon platform.

CarVal Investors has closed its clean energy fund at $490 million, beating its $250 million target.