Friday, 27 November 2015
Last updated 1 day ago
Oct 30 2008 | 9:25am ET
Tenaska Capital Management has closed its second energy buyout fund with more than $2.4 billion of committed capital. TPF II is a follow-on to the firm’s $838 million Tenaska Power Fund, which closed in 2005.
Investors in TPF II include leading global financial institutions, endowments and public and private pension funds.
TPF II will invest in the power generation, including renewables, natural gas storage, pipeline and other gas midstream assets, and natural gas and power infrastructure goods and services sectors.
“The opportunity drivers in our core sectors (including strong demand for energy, aging infrastructure suffering from chronic underinvestment, rising environmental concerns and financial distress)—combined with our ability to provide capital and our operating expertise—play to our strengths,” said TCM senior managing director Paul Smith.
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…