Quantum Energy Partners said Wednesday that it closed its most recent fund at $4.45 billion, which includes GP commitment and other affiliated entities. Quantum will invest most of its capital in the oil and gas upstream sector while also seeking investments in the oil and gas midstream, oilfield services and power generation sectors. Park Hill Group LLC served as a placement agent for Quantum Energy Partners VI.
HOUSTON, TX–(Marketwired – July 08, 2015) – Quantum Energy Partners (“Quantum”), a leading provider of private equity capital to the global energy industry, announced today that it has held its final closing on Quantum Energy Partners VI and its affiliates (collectively, “QEP VI”) at its hard cap, which with the inclusion of its GP commitment and other affiliated entities totals $4.45 billion of equity capital commitments.
Focused exclusively on the energy sector, Quantum has built one of the leading energy private equity franchises and has managed more than $10 billion of equity commitments since its inception. Quantum remains committed to the cycle-tested investment strategy it has successfully refined over the last 17 years, targeting investment opportunities where it can invest meaningful equity with proven management teams that have a strong operational track record and sustainable competitive advantages within well‐defined segments of the energy industry. While Quantum will continue to invest a majority of its capital in the oil and gas upstream sector, it will also seek to make targeted investments in the oil and gas midstream, oilfield services and power generation sectors.
Wil VanLoh, Co-founder, President and CEO of Quantum, commented, “We are extremely grateful and humbled by the trust and confidence the limited partners in QEP VI showed in our firm by entrusting us to steward their capital. In particular, the early and strong support we received from our existing limited partners provided the momentum for a successful and efficient fundraise. Having access to a significant capital base allows us to partner with the industry’s top management teams, pursue the highest quality investment opportunities and take advantage of what we believe should be a compelling investment environment over the next several years to generate attractive risk‐adjusted returns for our limited partners.”
Park Hill Group, LLC served as a placement agent for QEP VI and Weil, Gotshal & Manges LLP provided Quantum with legal advice throughout the fundraising process.
For more information on Quantum, please visit www.quantumep.com.