Company Spotlight: MSD Energy Partners and Dell Inc.

March 12, 2012 Debbie Jacobs Company Spotlight

MSD Energy Partners LP, Michael Dell’s NY-based hedge fund, is nearing $1 billion in capital.

Last Thursday, it filed with the U.S. Securities and Exchange Commission, reporting a profit of $952.7 million, up from last year’s $779.8 million, from 73 investors.

The hedge fund’s fortune was raised by MSD Capital, Dell’s capital management firm. Established in 1998, MSD Capital manages $12 billion for Michael Dell’s Dell Inc., which is located in Central Texas and employs more than 14,000 people in the region.

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