Baker Botts Helps Energy Spectrum Clinch $969M Fund
Law360 (May 8, 2020, 10:28 AM EDT) -- Dallas-based investment shop Energy Spectrum Capital, advised by Baker Botts, said Friday that it has wrapped up its eighth flagship fund after securing $969 million from limited partners, with plans to mainly target midstream assets in the energy industry.
The fund, billed as Energy Spectrum Partners VIII LP, received capital contributions from investors old and new, with a limited partner base that includes private and public pension funds, insurance companies, university endowments, foundations and family offices, according to a statement. In total, 82 LPs committed capital to the new fund.
Formed in 1995, Energy Spectrum invests in an array of midstream...
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