ArcLight Capital Partners LLC, a private equity firm focused on North American energy infrastructure investments, has closed its latest fund, ArcLight Energy Partners Fund VI LP.
The fund closed with $5.575 billion in commitments, exceeding its $4 billion target and initial $5 billion hard cap. ArcLight’s previous fund closed in 2011 with $3.3 billion of commitments. ArcLight has now raised over $15 billion globally since the firm was founded in 2001.
Daniel Revers, ArcLight's managing partner and co-founder, commented, “The North American energy market is experiencing a once-in-a-generation transformation that is bringing unprecedented change across the entire energy complex. We believe the insights, networks, and resources we’ve developed over the past 15 years across diverse market cycles will help ArcLight Fund VI take advantage of a particularly exciting and complex environment."