Houston Private Equity Firm Closes $1.3B Energy Fund

Jan 9 2007 | 11:08am ET

Houston-based QEM Management has closed its fourth private equity fund at $1.32 billion, it said today. Like QEM’s other three funds, Quantum Energy Partners IV will make energy investments, with QEP IV targeting oil and gas companies.

The fund will also consider investments in midstream energy companies, oil field services, coal, power and alternative energy. QEP IV will make investments of between $25 million and $150 million.


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