Fengate closes $300 mln private equity fund, invests in Cricket Energy
Fengate Real Asset Investments has closed a new private equity fund, LPF Equities Fund, capitalized at $100 million. The fund will draw on the firm's background in infrastructure and real estate to target investments in mid-market operating businesses and platforms in a range of North American industries, Fengate said. The fund has already made its debut investment, backing Cricket Energy Group of Companies, a Concord, Ontario provider of residential and commercial energy services and solutions. No financial terms were disclosed. Earlier this week, Toronto-based Fengate appointed Justin Catalano to head its newly created private equity group.
22 March 2017•3 mins read
