ECP closes $834m continuation vehicle for alkylation producer Next Wave
Monday, October 5, 2026 · first reported by PE Hub and 4 others
Energy Capital Partners (Bridgepoint Group) closed $834M continuation vehicle for Next Wave Energy Partners, anchored by GCM Grosvenor, Phoenix Insurance, Ardian, StepStone, and North Hudson Resource Partners; holds alkylation complex in Pasadena, Texas producing 40k barrels/day.
- Also named
- Next Wave Energy Partners
- Fund
- ECP Next Wave Continuation Vehicle
- Size
- $834M
- Stage
- Final close
- Asset class
- Secondaries, Private equity
- Geography
- North America
Advisers Latham & Watkins (fund counsel)
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
Coverage
5 sources- PE HubECP closes $834m continuation vehicle for alkylation producer Next Wave
- AltAssetsECP raises $834m continuation vehicle for Fund IV-backed Next Wave
- Alternatives WatchECP closes third continuation vehicle at $834m after exiting first two
- HedgeCoECP Closed an $834 Million Continuation Vehicle for Next Wave Energy Partners
- Law360Latham-Led Energy Capital Wraps $834M Continuation Fund