Private-equity firm EIV Capital LLC reported Feb. 2 the final closing of midstream-focused EIV Capital Fund III LP and affiliates at the $450 million hard cap, passing the original $350 million target.
The institutional fundraising for Fund III began in August 2016 and was completed in early December 2016, the firm said.
The midstream infrastructure projects it will support include gathering, processing, distribution, storage and marketing of oil, natural gas and refined products. It will also support related segments of the energy value chain, the firm said.
Champlain Advisors LLC was the fund’s exclusive placement agent.
www.eivcapital.com." data-reactid="9" data-type="text" style="margin: 0in 0in 12pt; background: white; text-align: start;" type="text">EIV Capital is based in Houston.
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