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Ara Partners Closes Second Fund With $1.1 Billion Of Capital Commitments

Sep 23, 2021almost 4 years ago
Houston

Description

Ara Partners ("Ara"), a private equity firm specializing in industrial decarbonization investments, today announced the closing of Ara Fund II ("Fund II" or the "Fund") with approximately $1.1 billion in capital commitments. The Fund was significantly oversubscribed, exceeding its $650 million initial target and increasing its hard cap. The Fund received commitments from a diverse set of returning and new institutional investors in North America, Europe and Asia, including public pensions, sovereign wealth funds, endowments and foundations.

Company Information

Company

Ara Partners

Location

Houston, Texas, United States

About

Ara Partners is a private equity firm specializing in industrial decarbonization investments. Ara invests in the industrial & manufacturing, chemicals & materials, energy efficiency & green fuels, and food & agriculture sectors, seeking to build businesses that provide significant decarbonization impact. For more information on Ara Partners, please visit www.AraPartners.com.