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HitecVision closes $800m energy fundThe Norwegian firm, led by Ole Ertvaag, completed fundraising in three months, capitalising on the interest in the booming oil and gas sector to more than double its fund size.
- HitecVision closes Fund IV on $300m
The Stavanger, Norway-based private equity firm has already invested approximately 20 percent of its fourth vehicle, which focuses on growth capital and buyout investments in the oil and gas sector in Europe and the US.
- 3i, HiltecVision back Nordic energy start-up
3i has teamed up with Norwegian venture capital firm HiltecVision to provide E35m of start-up capital to oil and gas exploration business Revus Energy.