ARC Financial holds second close for Fund 9

ARC Financial has held a second close for its 9th energy fund, ARC Energy Fund Fund 9, a 2018-vintage fund, securing approximately $700 million in capital commitments. The firm has yet to make any fundraising announcement.

ARC Financial’s 8th fund is a $1.56 billion 2014-vintage fund closed in 2015.

ARC Funds’ previous known limited partners (LPs) include Ontario Teachers’ Pension Plan, Power Corporation of Canada, Northleaf Capital Partners, The University of Michigan.

Calgary based ARC is an energy focused private equity manager, investing in early stage, growth focused energy companies with high quality management teams.

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