Annapolis Capital’s seventh energy PE fund closes at $300 million hard cap
Canadian energy private equity firm Annapolis Capital has closed its seventh partnership, Annapolis Energy Fund VII, at $300 million of capital commitments. The fund reached its hard-cap target with the help of Canadian and U.S. institutional and individual investors. As reported by peHUB Canada in March, the closed Fund VII is double the capitalization of Fund VI (2011) and brought in as much money as the combined raise of Annapolis’ previous six funds. Annapolis managing partner and CEO Peter Williams said the new fund will continue the Calgary-based firm's focus on Canadian upstream oil and gas opportunities, investing in a range of $15 million to $60 million.
16 December 2014•3 mins read
