Braemar Raises $250 Million

Braemar Energy Ventures, a New York-based firm focused on early-to-mid-stage energy tech opportunities, has closed its second fund with $250 million in capital commitments. Limited partners include MassMutual, AlpInvest Partners, Morgan Stanley Alternative Investments, Robeco, GIC Special Investments, Macquarie and the PCG Clean Energy and Technology Fund (sponsored by CalPERS).