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New Energy Capital Infrastructure Credit Fund II raises $500M

Jan 29, 2019 - SNL Financial

New Energy Capital Partners LLC closed New Energy Capital Infrastructure Credit Fund II LP with $500 million of capital, against its initial target of $400 million.

The fund was the firm's fifth private equity fund and second credit opportunities-focused fund. It received commitments from institutional and other investors including endowments, foundations, insurance companies, pension plans, health systems and family offices.

Hanover, N.H.-based New Energy will use the capital to bac...