Wednesday, 2 September 2015
Last updated 4 hours 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…