McClendon targets $1bn funds for new group

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/FG6LAA/PNM2GY/GO0D2U/ZBYFC4/   FT Exclusive Wednesday June 05 2013 McClendon targets $1bn funds for new group Aubrey McClendon, the controversial former chief executive of Chesapeake Energy, aims to raise $1bn in capital from private equity firms and sovereign wealth funds for his new company, according to people familiar with the situation. Mr McClendon set up American Energy Partners after being forced out of Chesapeake following a shareholders' revolt. AEP intends to buy onshore US oil and gas assets and aims to "build a best in class" exploration and production company. Mr McClendon has approached several buyout, firms and sovereign wealth funds about investing in AEP, said people familiar with his plans. http://link.ft.com/r/FG6LAA/87J3JM/8ANBW9/TUFERL/Z8QEHZ/4O/h?a1=2013&a2=6&a3=5 Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..