EnCap raises $1.7m for energy fund
EnCap Investments has raised $1.72 million for Energy Capital Fund XI, according to a filing with the SEC.
The closed-end EnCap Energy Capital Fund XI will make oil and gas investments in Canada and the United States.
The fund has previously received commitments of $75 million from the $25.6 billion Texas County & District Retirement System, $35 million from the $14.2 billion Arkansas Teacher Retirement System and$35 million from the $34.7 billion Illinois Municipal Retirement Fund.
In additional fundraising, sidecar funds of EnCap Energy Capital Fund XI raised capital as well. EnCap Energy Capital Fund XI-C raised $151.7 million, according to an SEC filing, and EnCap Energy Capital Fund XI-D raised $97 million, according to an SEC filing.