Garden State infra fund raising capital

Energy Capital Partners, a private equity specialist in infrastructure, is seeking $500m for a mezzanine fund. Park Hill is listed as third-party marketer.

A mezzanine fund from Energy Capital Partners (ECP) is endeavouring to raise $500 million, according to a Regulation D (Reg D) filing.

The form for the vehicle, named the Energy Capital Partners Mezzanine Opportunities Fund, listed The Park Hill Group as third-party fundraiser. Park Hill is owned by private equity firm The Blackstone Group.

A Reg D offering is an investment vehicle exempt from certain SEC registration criteria, and is often used in the alternative investment industry, especially within the hedge fund space.

Infrastructure Investor was referred to Paul Parshley, a managing director with ECP, who did not return a voicemail message.

ECP is a private equity firm established to invest in energy infrastructure, with a specialised focus on power generation, renewable energy, electronic transmission and gas storage.

Douglas Kimmelman established ECP in April 2005. A Goldman Sachs alumnus, Kimmelman had a crucial role in helping to build a power asset portfolio for the Wall Street firm.

ECP, managing $7 billion, is headquartered in New Jersey and has an office in California.