Quantum Energy V Has Closed On $2 Billion

Quantum Energy Partners' fifth fund has closed on $2 billion in commitments to date, according to a source. Dan had flagged the firm's fundraising efforts in July, when the firm had just under $1 billion in commitments. The energy-focused buyout firm will issue rolling closes on commitments until it reaches its target of $2.75 billion. MassPRIM, Nebraska Investment Council, New Mexico PERA and CPP Investment Board are on board, along with a variety of endowments and corporate and international LPs. Champlain Adivisors is the firm's placement agent.

7 October 2008•1 min read
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