HitecVision related stories
All articles and analysis
Oyster Petroleum makes first acquisitionOyster Petroleum has acquired a package of licence interests located in the West of Shetlands basin from Ithaca Energy Limited. The company is backed by HitecVision, an investor specialising in buyouts and growth stage investments in the oil and gas industry.
- Oyster Petroleum receives backing from HitecVision
HitecVision has committed funds of $150 million to Oyster Petroleum from its HitecVision VI L.P. fund. Oyster Petroleum is a UK exploration and production company focusing on the UK North Sea.
- HitecVision Acquires Deep Sea Mooring
HitecVision has acquired Deep Sea Mooring. Deep Sea Mooring was established by Odfjell Drilling in 2008.
- Friday Letter: Powered up
KKR’s recent East Resources exit – coupled with HitecVision’s specialist energy fund close this week – is further evidence that the energy sector remains active and vibrant for private equity investors.
- Summit Partners closes $2.7bn growth fund
The Boston-based firm has closed its eighth growth fund after nine months on the market, and also closed its third venture fund on $520m.
- Riverside Partners launches Fund V with $500m target
The Boston-based mid-market investor expects to hold a final close in the first quarter of 2012, which would pair the fund with other lightning-quick fundraises like that of TSG and HitecVision.
- HitecVision hits $1.5bn hard-cap in four months
In a sign that both Nordic private equity and the energy sector remain in vogue, Norwegian group HitecVision’s latest fund has reached its hard-cap in less than four months.
- HitecVision acquires oil and gas company
The Nordic specialist energy private equity firm has invested $150m in start-up oil and gas company Core Energy, says senior partner Harald Vabo.
- Safe haven
The resilience and maturity of the Nordic private equity market have drawn the attention of international investors.
- Cleaning up
HitecVision raised $420m in just three months for an energy fund whose remit may help prevent future offshore drilling disasters.