Fundraising - JULY 29, 2015

ArcLight holds $5.6b final close for energy fund

by Andrea Waitrovich

ArcLight Capital Partners has announced a $5.6 billion final close for ArcLight Energy Partners Fund VI, exceeding the fund’s $4 billion equity fundraising target and initial $5 billion hard cap.

ArcLight’s previous fund closed in 2011 with $3.3 billion of commitments. ArcLight has now raised more than $15 billion globally since the firm was founded in 2001.

According to IREI’s FundTracker database, 12 energy mega-funds have held final closes this year, garnering $33.77 billion in equity commitments. ArcLight Energy Partners Fund VI is the second-largest energy fund this year, following EnCap Energy Capital Fund X, which closed in April with $6.5 billion in equity commitments.

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