EIG Plans to Raise $4.25 Billion for Next Fund
EIG Global Energy Partners LLC, a spinout from TCW Group Inc., plans to seek $4.25 billion for its next energy fund in 2013, according to two people familiar with the situation.
EIG Energy Fund XVI LP’s predecessor gathered $4.12 billion in 2011. The new fund, which plans to officially come to market in February, will make mezzanine and private equity investments in energy, energy-related infrastructure and resource businesses globally. Laurie Labuda, a spokeswoman at APCO Worldwide, declined to comment on behalf of EIG.
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