Carnelian Energy Capital
Carnelian Energy Capital last closed a fund in October 2025 — 13 months ago.
It raises on several lines, too close together for one rhythm. No month is guessed; the filing will say.
This firm closed a fund in the last 18 months, so it has money to put to work now.
- Funds on file
- 6
- Capital raised
- $3.50B+
- Latest close
- October 2025
- Based in
- TX
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Carnelian Acquisition & Development, L.P. | October 2025 | not stated | 0002080758 ↗ |
| CARNELIAN ENERGY CAPITAL V, L.P. | January 2024 | $975M | 0001998879 ↗ |
| CARNELIAN ENERGY CAPITAL IV, L.P. | November 2021 | $750M | 0001887497 ↗ |
| CARNELIAN ENERGY CAPITAL III, L.P. | June 2019 | $775M | 0001773942 ↗ |
| CARNELIAN ENERGY CAPITAL II, L.P. | June 2017 | $600M | 0001708723 ↗ |
| Carnelian Energy Capital, L.P. | — | $400M | 0001652856 ↗ |
1 of these filed no amount (an “Indefinite” offering), so the total above is a floor.
Dated from filing date; no date of first sale was reported.
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
Daniel Goodman, Jeffrey Gilbert, Tomas Ackerman, Thomas Ackerman
What Carnelian Energy Capital invests in
- Typical fund
- $750M median, growth / large fund
- Website
- carnelianenergy.com
Service providers
- Fund administrator
- IQ-EQ (5 funds), Petra (1 fund)
- Auditor
- EY (6 funds)
From Form ADV filed by CARNELIAN ENERGY CAPITAL MANAGEMENT, LP CRD 270008 ↗, latest filing March 2026, covering 6 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.