Quantum Raises $10B for Energy-Focused Funds
Quantum Capital Group has raised more than $10 billion in aggregate capital commitments, inclusive of co-investment, across its private equity, structured capital, and private credit platforms, all focused on the energy industry.
The total raised includes $5.25 billion for the firm’s private equity flagship, Quantum Energy Partners VIII, $2.8 billion for the firm’s structured capital fund, Quantum Capital Solutions II, and approximately $2 billion for other associated funds on the platform.
Houston-based Quantum, which has managed more than $28 billion in equity commitments since inception in 1998, invests across the entire energy value chain, including in oil and gas, midstream, thermal and renewable power generation, energy infrastructure, and the energy transition.
“The ongoing success of our flagship private equity strategy and the rapid growth of our energy credit platform enhances our ability to advance innovative companies in the energy sector, positioning us to drive both value and impact for our investors and portfolio companies,” said Ajay Khurana, co-president of Quantum.
The fundraising comes amid a period of significant expansion for Quantum. In August, the firm announced it purchased certain assets from Denver-based Caerus Oil and Gas through two separate portfolio companies for $1.8 billion.
Kirkland & Ellis LLP served as legal counsel to Quantum.