Westwood Closes Second Flagship Energy Secondaries Fund with More Than $300 Million Raised

Core Insights - Westwood Holdings Group successfully closed its Westwood Energy Secondaries Fund II, raising over $300 million, significantly surpassing its initial target of $150 million, indicating strong investor interest in its energy secondaries business [1][3] Fund Overview - WES II aims to achieve attractive, risk-adjusted returns through investments in a diversified portfolio of energy-focused secondary and continuation fund opportunities, primarily targeting 7-12 year-old limited partnership interests at significant discounts [2] - The fund has deployed $200 million in energy investments in 2025 and has approximately $100 million remaining to invest in 2026 [2] Investor Demand - The fund received commitments from a diverse group of investors, including institutional allocators, RIAs, family offices, and high-net-worth individuals, marking a significant achievement for Westwood's energy secondaries strategy [3] Leadership Commentary - Westwood's CEO expressed satisfaction with the reception of WES II, noting the doubling of the initial capital target in 2025 and highlighting the dynamic partnerships established in the energy private equity industry [4] Market Dynamics - The energy secondaries and continuation fund market is experiencing rapid growth due to evolving capital needs in the industry and increased demand for liquidity solutions from institutional investors [5]