Tuesday, 30 September 2014
Last updated 4 hours ago
Dec 10 2007 | 11:56am ET
Houston-based EnCap Investments, an energy-focused private equity firm, has closed its seventh fund, with total capital commitments of $2.5 billion.
The firm said it has already committed $550 million of EnCap Energy Capital Fund VII to nine portfolio companies, four of which are led by management teams that EnCap has backed in prior funds.
“We are most appreciative of our existing investors whose ongoing support has helped us build this franchise over the past two decades, as well as the opportunity to enter into relationships with a number of new institutional partners,” said the firm.
“It is always gratifying in a fundraising effort to reach your hard cap and end up substantially oversubscribed. We believe the high level of investor interest is largely due to our track record of consistently generating attractive returns across multiple industry cycles, in addition to the fact that we continue to see compelling investment opportunities in our space.”
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...