White Deer Management LLC secured nearly $1.4 billion in commitments for White Deer Energy II LP and its parallel funds. The Houston-based firm manages energy private equity funds. The other involved Miami-based H.I.G. Capital LLC. The firm closed H.I.G. Capital Partners V LP at $1 billion.
In addition, Energy Capital Partners Mezzanine Opportunities Fund LP closed with $805 million. Short Hills, N.J.-based Energy Capital Partners LLC was seeking $500 million for the investment vehicle.
Thomson Reuters, the publisher of Buyouts, counted 18 deals that had U.S.-based financial sponsor involvement from Feb. 20 to March 1. Only two disclosed financial details and helped push deal volume to about $12 billion. The top deal from those with reported terms was by an indirect unit of Warburg Pincus LLC. Its Wright Medical Group Inc. merged with BioMimetic Therapeutics Inc., a Tennessee-based biotechnology company. The deal had a rank value of $325.6 million.