Trilantic Capital Partners, a global private equity firm, has launched a new energy-focused infrastructure fund, Trilantic Energy Partners II (North America), with its parallel fund, Trilantic Energy Partners II Parallel (North America), according to filings with the SEC.
Trilantic Energy Partners II (North America) launched with a $500 million maximum fundraising target. The firm targets investments throughout North America primarily in the consumer; energy; industrials; technology, media and telecom; healthcare; and financial and business services sectors.
The first fund in the series, Trilantic Energy Partners (North America), held a $388 million final close in 2014 and is currently investing its capital.
Trilantic’s current investment portfolio includes Antero Midstream Partners, a growth-oriented limited partnership formed to own, operate and develop midstream energy assets to service Antero Resources and third parties in the Appalachian Basin; M5 Midtream, a growth-oriented midstream company based in Houston and focused on the development of midstream infrastructure primarily in the Haynesville and Cotton Valley plays of East Texas and North Louisiana; and Velvet Energy, a Calgary, Alberta–based exploration and production company focused on acquiring, exploring for and developing oil and liquids-rich natural gas assets in the Western Canadian Sedimentary Basin.
Trilantic Capital Partners currently manages six private equity funds with aggregate capital commitments of $7.7 billion. The firm focuses on control and significant minority investments in North America and Europe managed by Trilantic North America and Trilantic Europe.
