Pelican Energy Partners Announces Oversubscribed $233 Million Private Equity Fund For Oilfield Services HOUSTON, February 22, 2018-- Pelican Energy Partners is pleased to announce the completion of fundraising for Pelican Energy Partners III LP ("Pelican III"), which was substantially oversubscribed, and accepted $233 million of capital commitments within three months of commencing fundraising. The first and final closing took place on February 15, 2018, with commitments from top-tier investors, including endowments, foundations, family offices and public pensions. Pelican III continues the momentum of its predecessor fund, Pelican Energy Partners II LP, which closed with $210 million of commitments in July 2016.