Ridgewood Energy Closes Latest Fund at $1.1B Hard Cap
January 15, 2014
Ridgewood Energy has closed its latest vehicle, Ridgewood Energy Oil and Gas Fund II, at its $1.1 billion hard cap. Originally targeting $750 million, the fund will invest in oil projects in the U.S. deep waters of the Gulf of Mexico. Eaton Partners acted as placement agent for the fund and Vinson & Elkins provided legal counsel.