Quantum Energy Begins Drive for New $4.5bn Pool

Quantum Energy Partners has started raising $4.5bn for its eighth energy-focused flagship strategy, betting that rising oil prices will help it win over investors after putting the campaign on hold last year, said people familiar with the matter.

The Houston private-equity firm began marketing its Quantum Energy Partners VIII LP vehicle during its annual investor meeting last week, the people said. The firm held off fundraising for its eighth flagship energy fund last year after the pandemic sent oil prices crashing.

As a leading provider of private equity capital, Quantum invests across the energy value chain with an emphasis on the North American upstream, midstream, oilfield services, energy technology and renewables sectors. Through industry knowledge, technical expertise, financial creativity and entrepreneurial approach, they help management teams rapidly advance both their business.

Source: Wall Street Journal