Energy-Focused PE Firm Closes Latest Fund At $400M Cap

Law360, New York (December 7, 2017, 11:44 AM EST) -- Kimmeridge Energy Management Co. LLC, an energy-focused private equity firm, on Thursday announced the final closing of its latest fund after reaching its $400 million hard cap, which, along with other co-investments, nets the company $650 million for upstream oil and gas investments.

The fund, Kimmeridge Energy Fund IV, saw support from new and current investors, including university endowments, foundations, family offices, public pension funds and a sovereign wealth fund, the firm said.

Additionally, the fund has its eyes on buying and developing “unconventional assets in...
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