Pelican Energy Partners has closed its second flagship fund at $210 million after only four months on the road. The capital will be invested as control buyout and growth investments into companies focused on energy services and equipment.
Pelican Energy Partners I, the fund's predecessor, held a final close in February 2013 at $120 million.
San Francisco Employees' Retirement System is one of a number of pension funds, endowments, high net worth individuals and consultants which committed to the vehicle. Champlain Advisors was the placement agent working globally on this fundraise.