Ara Partners has launched Ara Energy Fund I with $2.5 billion in assets, according to our records of this week's fund launches. The entry is dated Oct. 21 and does not describe a strategy, a sector breakdown or any named investor.
The record does not state whether the $2.5 billion is a target, a hard cap or commitments already gathered; it is recorded as assets for the vehicle.
Reported by the Capital desk from Daily Network fund-launch records. Published . Corrections