Fund Raising: Energy & Minerals Group has multi-billion-dollar goal for Fund V

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[Context: On April 30, Energy & Minerals Group disclosed raising hundreds of millions for a Fund V towards its multi-billion goal, according to a securities filing. EMG has had success with several midstream investments in recent years but also has invested in the upstream. Its previous Fund IV, Fund II and, suprisingly, its Ascent investments have performed well while its Fund III amd American Energy Permian invests not so much, according to a securities filing by a limited partner. Further details and related links are below.]

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