Private investment firm Aethon Energy Management LLC made the final close of Aethon II LP, its second energy private-equity fund. There is a total of $240 in capital commitments together with co-investments.
Aethon's recent activity exceeded the $200 million target that was established for the fundraising, and commitments were received from new and existing institutional investors. The fund supports acquisition and development of domestic onshore oil and natural gas assets with asymmetric returns. Concurrent with this final closing of the fund, Aethon fully invested the capital it raised.
Aethon Energy Management LLC is based in Dallas.
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