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Article: ArcLight Closes its Fourth Fund at $2.1 Billion.
- Article from:
- PR Newswire
- Article date:
- July 3, 2007
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BOSTON, July 3 /PRNewswire/ -- ArcLight Capital Partners, LLC ("ArcLight"), one of the world's leading energy investment firms, today announced the closing of ArcLight Energy Partners Fund IV, L.P. ("Fund IV") with $2.1 billion in capital commitments. The closing of Fund IV comes only 15 months after the firm closed its $2.1 billion third fund, ArcLight Energy Partners Fund III, L.P., bringing the firm's total capital under management to over $6.8 billion. ArcLight has invested $4.6 billion of its capital in 75 energy investments since the firm was founded in 2001.
"We would like to thank our limited partners for their cooperation in bringing this fundraising ...