

Ridgemont Equity held a final close for its Ridgemont Equity Partners Energy Opportunity Fund at $320 million, surpassing its original target at $300 million. The firm began fundraising in April this year.
The fund is a companion fund to its Ridgemont Equity Partners II, which was closed at $995 million in 2015.
The firm will use the capital to make buyout investment in energy sector in United States.