NGP Energy Capital Management, an energy and natural resources investor, is seeking $750m (鈧�660.4m) for its latest fund, according to Sacramento County Employees鈥� Retirement System鈥檚 board meeting document.
The pension fund disclosed in the document that it approved a $75m commitment to NGP Royalty Partners III last month.
NGP Energy鈥檚 Fund II, the previous fund in the series, , focusing on oil and gas royalties. Fund III will focus on opportunistic investments.
Sacramento County Employees has allocated the investment to its real assets portfolio
To read the latest 麻豆映画 Real Assets magazine click here.
