ARC Financial reaches final close for its ninth PE fund

ARC Financial Corp. (ARC) has reached final close for its ninth private equity fund, ARC Energy Fund 9, with a CAD780 million (US$595.49 million) of capital from institutional investors across Canada, the United States, and Europe. 

Consistent with ARC's prior funds, ARC Energy Fund 9's investment strategy will focus on private Canadian entrepreneurial exploration and production and oilfield service companies. 

FirstPoint Equity Capital Ltd has served as the global placement agent and advisor.