Fundraisers

SCF Partners raises $800m

The Houston-based firm hits the target size on its ninth energy vehicle.

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Houston-based SCF Partners reached its $800 million target size for its ninth flagship energy vehicle.

SCF IX will continue the firm’s strategy of investing in companies in the energy services industry with revenues between $20 million and $200 million. According to SCF’s filing with the SEC, 75 limited partners have committed to this vehicle.

The previous fund in the series, SCF VIII, raised $600 million in 2012.