Monday, 25 May 2015
Last updated 2 days 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…