Pearl Energy Investments closes inaugural fund at $500M hard cap

Pearl Energy Investments reached its hard cap on Sept. 30 and held the final closing of Pearl Energy Investments LP with total commitments of $500 million.

Pearl is a provider of private equity capital and sponsorship to the energy industry, concentrating on the oil and gas production, midstream, and services sectors. Pearl focuses on investments requiring between $25 million and $75 million of equity capital.

Kirkland & Ellis LLP served as fund formation counsel. Pearl did not engage a placement agent in connection with the formation of the fund.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...