KANATA is sponsored by a group of leading North American private investors including ARC Financial Corp., Energy Spectrum Capital and Teachers' Private Capital. With $335 million of committed equity financing, we are positioned to respond quickly to our customers' midstream infrastructure and service needs. Our investors also bring a strong depth of experience from across the North American energy industry.
With $3.7 billion of capital across seven ARC Energy Funds, ARC Financial Corp. ("ARC") is Canada's leading energy-focused private equity manager. Leveraging off the experience, expertise, and relationships of its team, ARC makes equity investments of $25 million to $100 million or more in the Canadian oil and gas business, focusing on exploration and production, oilfield services and midstream infrastructure.
Energy Spectrum Capital ("ESC") was founded in 1996 to manage private equity funds that make direct investments in well-managed companies that acquire, develop and operate midstream energy assets including oil and gas gathering and transportation systems, processing and treating facilities and storage facilities. Since inception, ESC has raised over US$2.3 billion of equity capital and has sponsored more than 30 midstream portfolio companies. As an established private equity group dedicated to the midstream energy industry, ESC is a valuable partner to management teams seeking to build energy companies and create equity value.
Teachers' Private Capital ("TPC") is the private equity arm of the Ontario Teachers' Pension Plan, the largest single-professional pension plan in Canada, with $129.5 billion in net assets as of December 31, 2012. TPC activities include leading deals on a sole or partnered basis, investing in private equity funds in markets and sectors that it cannot efficiently access directly and co-investing with other like-minded private equity funds. TPC manages a global portfolio valued at approximately $12 billion.