Friday, 27 November 2015
Last updated 1 day ago
Jan 30 2008 | 12:20pm ET
The TCW Group said it has raised approximately $2.6 billion from clients and employees for its latest private equity fund, TCW Energy Fund XIV. The fund will make mezzanine and private equity investments in energy and energy-related infrastructure projects on a global basis.
Roughly a quarter of the assets raised for the fund came from non-U.S. institutional investors in 11 countries and TCW employees also contributed $68 million.
“Market fundamentals in energy and infrastructure are very strong today and Fund XIV will be well-positioned to capture attractive investment opportunities,” said R. Blair Thomas, CEO of the firm’s energy business. “We have a singular focus on being the preeminent institutional investor in energy globally.”
Founded in 1971, the TCW Group, which is a subsidiary of Société Générale Asset Management, has approximately $150 billion in assets under management.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…