EIF Raises $1.713B For Eighth Fund

Energy Investors Funds, a private equity fund manager that allocates to the U.S. energy and electric power sectors, has raised $1.713 billion for its eighth fund.

Energy Investors Funds (EIF), a private equity fund manager that allocates to the U.S. energy and electric power sectors, has raised $1.713 billion for its eighth fund. The EIF United States Power Fund IV, which has already allocated nearly $350 million, has commitments from domestic and global limited partners including various pension plans and family offices among others.

Atlantic-Pacific Capital served as the international placement agent and advisor for the fund. The legal advisor to the investment vehicle was Bingham McCutchen.

Click here for the release from PR Newswire.