The Teachers’ Retirement System of Louisiana (TRSL) has committed $200 million to infrastructure funds managed by EnCap Investments and NGP Energy Capital Management.
EnCap Energy Capital Fund XIII received $75 million for its closed-end, opportunistic strategy investing in upstream oil and gas assets in Canada and the United States. This is a private equity vehicle aiming to provide growth capital to management teams. A fundraising goal was not determined at the time of publication. The Teacher Retirement System of Texas committed $200 million to this fund in September.
The fund’s predecessor, EnCap Energy Capital Fund XII, closed with $5.25 billion in capital commitments.
EnCap Flatrock Midstream Fund VI also received $50 million for its closed-end, opportunistic strategy investing in nat
