Quantum Energy Partners – Closing of seventh fund
Quantum Energy Partners has collected USD 5.575bn for their latest fundraising effort for the Quantum Energy Partners VII vehicle. Of the USD 5.575bn, 750m was allotted to a co-investment vehicle, 4.6bn was raised by the fund, and the remainder was from a commitment from the GP. The fundraise exceeded its previous targets of USD 3.5bn target and USD 4.5bn hard cap. The fund took about a year to close since it began fundraising.