Carnelian Energy Capital IV’s $975 Million Fundraising

Kirkland & Ellis counseled Carnelian Energy Capital Management on the deal.

Carnelian Energy Capital Management, L.P. announced the closing of its oversubscribed and upsized fourth fund, Carnelian Energy Capital IV, L.P., with $975 million of capital commitments.

Carnelian Energy Capital is an energy investment firm based in Houston, Texas. With approximately $2.8 billion of cumulative capital commitments, Carnelian is dedicated to bringing its strategic expertise and nimble approach to partnerships with leading businesses and best-in-class management teams in the North American energy sector. 

The Kirkland team was led by investment funds partners Matthew Nadworny (Picture) and Laura Stake and associate Susan Czaikowski; and tax partner Steve Butler and associate Victoria Chang.

Involved fees earner: Stephen Butler – Kirkland & Ellis; Victoria Chang – Kirkland & Ellis; Susan Czaikowski – Kirkland & Ellis; Matt Nadworny – Kirkland & Ellis; Laura Stake – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Carnelian Energy Capital Management, L.P.;