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Ridgewood Energy closes third fund at $1.9B

Jul 21, 2015 - The Deal Pipeline

Houston and Montvale, N.J., oil and gas investor Ridgewood Energy Corp. said Tuesday it closed its third fund with $1.9 billion, surpassing its target of $1.5 billion. Ridgewood executives weren't available for comment.

The fund's commitments were sourced from unnamed institutional investors, including state and corporate pension plans, university endowments and foundations and private wealth managers and family offices. The company said Ridgewood Energy Oil & Gas Fund III LP i...