TPG Capital Is Said to Seek $1.25 Billion for First Energy Fund
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TPG Capital, the private-equity firm that’s among the investors in struggling power company Energy Future Holdings Corp., plans to seek $1.25 billion for its first dedicated energy fund, according to two people familiar with matter.
TPG Energy Production Partners will invest in producing oil and natural gas properties in North America, said the people, who asked not to be identified because the information is private. It will be led by TPG co-founder Jim Coulter, chief investment officer Jonathan Coslet, Michael MacDougall and Christopher Ortega, the people said.