Energy investor KERN Partners rebrands as Azimuth Capital
KERN Partners, a Canadian energy private equity firm, has changed its name to Azimuth Capital Management. It said the name Azimuth, a navigation term, is intended to reinforce its commitment to "navigating the dynamic energy environment." Calgary-based Azimuth has $1.6 billion of assets under direct management and an additional $1.7 billion of commitments in a co-investment program. Co-founded in 2000 by Managing Partner Jeff van Steenbergen and Pentti Karkkainen, who stepped down from his management role in 2014, the firm has a team of 18 professionals. Earlier this month, Azimuth invested in Kaisen Energy Corp, a Canadian heavy oil producer.
27 November 2015•2 mins read
