32 Degrees Capital closes second diversified energy fund at $84.6 mln

Canadian private equity firm 32 Degrees Capital has closed its 32 Degrees Diversified Energy Fund II, raising commitments totaling $84.6 million. The partnership's backers include endowments, family offices, funds-of- funds, government sources and high net worth investors from across North America. At the time of closing, the fund had already committed over $45 million through six transactions. The Calgary-based 32 Degrees focuses on diversified energy investments, partnering with management teams in early-stage oil and gas companies and energy service, equipment and manufacturing businesses.

8 October 2013•3 mins read
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