HOUSTON, Texas – January 8, 2007 – QEM Management, LP (“Quantum”) announced today that it has closed Quantum Energy Partners IV, LP (“QEP IV”), a $1.32 billion private equity fund dedicated to the energy industry. QEP IV is Quantum’s fourth private equity fund since 1998.
Quantum will primarily target investments in the oil & gas sector, while also considering opportunities in the midstream, oil field service, coal, power, and alternative energy sectors. Quantum will continue its successful strategy of making $25 million to $150 million private equity investments in entrepreneurial management teams that demonstrate competitive advantages within a well-defined segment of the energy industry and that are focused on building assets or companies that serve as either platform companies to take public or as attractive acquisition candidates for larger energy companies.
“The overwhelming response from investors seeking to invest in QEP IV is a testament to quantum’s outstanding track record, multidisciplinary and cycle-tested investment team, and reputation for partnering with the industry’s top entrepreneurs,” said S. Wil VanLoh, Jr., Quantum’s Managing Partner. “With this successful fund raise, we have firmly established Quantum as one of the preeminent energy-focused private equity firms in the world.”
One of the unique attributes of Quantum is that its partners and senior investment professionals not only have a distinguished background in private equity, corporate finance, law and tax, but are also highly experienced in the engineering, operations and geosciences disciplines of the oil and gas business. Additionally, several of Quantum’s partners have been CEO’s of highly successful private energy companies. VanLoh commented, “In addition to truly being a value-added partner to the management teams we back, many of the energy industry’s highest caliber CEO’s seek out Quantum because there is no other private equity firm that possesses the combination of technical, operational and financial talent that Quantum can bring to bear in helping them successfully build their businesses.”
Quantum is an investment firm specializing in the energy industry with over $3.2 billion in capital under management, of which $2.0 billion is in its family of private equity funds and $1.2 billion is comanaged with Aspect Energy, LLC in its direct property acquisition fund, Quantum Resources. To learn more about partnering with Quantum Energy Partners, please contact either S. Wil VanLoh, Jr. or Alan L. Smith at (713) 225-4800 or visit Quantum’s website at www.quantumep.com. For investor relations, please contact Michael P. Dalton.
Greenwich, CT-based Champlain Advisors, LLC, a global fund placement and investor relations advisory firm, served as Quantum’s exclusive financial advisor in raising the fund. For additional information on Champlain, please contact Terence Crikelair at (212) 686-7949 or visit www.champlainadvisors.com.