“Energy-focused PE firm closes latest fund above target at $7B”
Houston-based private equity firm EnCap Investments LP said in a Dec. 4 press release that it closed its latest fund with capital commitments of $7 billion.
That’s above EnCap Energy Capital Fund XI LP’s target, which the Wall Street Journal reports was set at $6.5 billion. It’s also one of the biggest energy-focused private equity funds of the year, per the WSJ.
Thompson & Knight represented EnCap Investments in connection with the formation of EnCap Energy Capital Fund XI LP.