Thursday, 21 August 2014
Last updated 35 min ago
Mar 7 2014 | 3:10am ET
Canadian private-equity firm Annapolis Capital has garnered C$200 million for its latest energy-focused fund.
Calgary, Alberta-based Annapolis invests in Western Canadian energy companies, especially those involved in oil and liquids exploration and production. And while much has been made of Canada’s shale-oil reserves, Annapolis CEO Peter Williams told The Wall Street Journal he also sees “a significant pool of conventional opportunities.”
Williams said he expects to raise a total of C$300 million for the fund, which would double Annapolis’ assets under management to C$600 million. He said that most of the firm’s investors were institutional, primarily from the U.S.
Such investors “see a market in Canada that is vastly undercapitalized,” he said.
Annapolis’ investments range from about C$35 million to C$150 million.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note