Kerogen Capital Raises $830M In Second Energy Fund

Kerogen Capital Raises $830M In Second Energy Fund
Private equity firm Kerogen Capital secures $830 million in its second energy fund, taking its total assets under management to over $2 billion since inception.

Reuters

HONG KONG, Aug 26 (Reuters) - Private equity firm Kerogen Capital said on Friday it has secured $830 million in its second energy fund, taking its total assets under management to over $2 billion since inception.

In a statement, Kerogen, with offices in Hong Kong and London, said the fund will invest in international energy sectors outside North America, providing growth capital to upstream oil and gas companies.

Kerogen said it has so far made two investments, namely Zennor Petroleum, a platform focused on the British North Sea and Hurricane Energy, another British company.

(Reporting by Denny Thomas; Editing by Kenneth Maxwell)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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