LS Power Equity Advisors Maxes Out $2B Energy Fund

Law360, New York (February 26, 2014, 2:20 PM EST) -- LS Power Equity Advisors LLC closed out its Fund III at just over $2 billion, hitting its hard cap, the PE firm said Wednesday. 

The fund, which will invest in domestic energy generation and infrastructure like its predecessors, got oversubscribed due to enthusiasm from investors around the world who were interested in getting a piece of the American energy market, LS Power Equity Advisors said. Its initial target was $1.5 billion.

"We appreciate the continued support from our existing investors and the vote of confidence from...
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