Pearl Energy Investments closes second fund

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Pearl Energy Investments closes second fund

Pearl Energy Investments has announced that it held its first and final closing of Pearl Energy Investments II, L.P. at its hard cap with total commitments of US$600 million

Pearl is a provider of equity capital and sponsorship to the energy industry, concentrating on the upstream, midstream, and services sectors. Pearl targets equity investments between US$25 million and US$75 million, and has led investments requiring in excess of US$125 million of equity capital. 

Kirkland & Ellis LLP served as fund formation counsel. Pearl did not engage a placement agent in connection with the formation of the fund. 

William J. Quinn, Managing Partner, said:

“We are truly appreciative for the continued loyalty and support of our investors. We believe the confidence they have placed in us is a result of the outstanding team we have built at Pearl combined with the high quality of investments in our portfolio. The Pearl team continues to be excited about the current investment environment and looks forward to the opportunity to generate attractive risk-adjusted rates of return for our partners.” 

List of country news

Country news

  • August 11, 2017

    EQT acquires majority stake in broadband company

    The EQT Infrastructure III fund has signed a definitive agreement to invest in a majority stake of Spirit Communications from its founding partners who will retain a significant ownership interest in the company. 

    Read more
  • August 07, 2017

    Jacobs Engineering acquires CH2M Hill for US$2.85 Billion

    Jacobs Engineering Group and CH2M HILL Companies have announced that they have entered into a definitive agreement under which Jacobs will acquire all of the outstanding shares of CH2M in a cash and stock transaction with an enterprise value (EV) of approximately US$3.27 billion, including approximately US$416 million of CH2M net debt.

    Read more
  • August 04, 2017

    RFP issued for the Automated People Mover (APM) at LAX

    Los Angeles World Airports (LAWA) has released the final request for proposals (RFP) for the Automated People Mover (APM) train P3 at Los Angeles International Airport (LAX).

    Read more
  • August 02, 2017

    Ardian to acquire €300 MM European infra PE funds

    Ardian, the independent private investment company, has signed a Sale and Purchase Agreement in July 2017 with UniCredit for the acquisition of a approx. €300 million (US$354 million) portfolio of limited partnership interests in European infrastructure private equity funds.

    Read more
  • July 31, 2017

    Four companies submit bids for the Kansas City International Airport P3

    Kansas City has received four proposals in the bidding process to design, build and finance of a new single terminal at Kansas City International Airport under P3 scheme.

    Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.