Hastings sets $250 mln target for energy-services fund

Hastings Equity Partners, private equity, energy
  • Hastings sets $300 mln hard cap for Fund IV
  • New fund targeting gross returns exceeding 30 pct
  • Rhode Island weighs $25 mln commitment
Hastings Equity Partners is targeting $250 million for investments in small and midsized energy-services businesses, a fund presentation released by Rhode Island State Investment Commission shows. The fund has a $300 million hard cap. Rhode Island is considering committing up to ...
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