?• New York-based Deerpath Capital Management LP has launched a fund to make privately negotiated investments in the debt and equity of lower-middle-market U.S. companies with a focus in energy and natural resources.?The fund targets debt and equity investments between $2- and $20 million in companies with annual revenue between $10- and $100 million.?
In addition to energy, the firm invests in communications, healthcare and other industries.?
Deerpath was founded by Gary Wendt (formerly chairman of GE Capital), James Kirby (formerly a partner at Madison Dearborn Partners) and John Fitzgibbons (chairman of Integra Group.
• The Assiniboine and Sioux tribes of the Fort Peck Indian Reservation in northeastern Montana and Salt Lake City-based Native American Resource Partners have jointly formed Fort Peck Energy Co.
The Fort Peck Reservation covers more than 2 million acres in Montana. The Assiniboine and Sioux tribes together with Native American Resource will co-develop the hydrocarbon-based energy resources on the reservation. Native American Resource will provide business and financial experience for the new venture including access to investment capital through Quantum Energy Partners.
Recommended Reading
What's Affecting Oil Prices This Week? (Dec. 9, 2024)
2024-12-09 - For the upcoming week, Stratas Advisors believes the announced delay by OPEC+ will keep the price of Brent crude above $70, but not reach $73.
What's Affecting Oil Prices This Week? (Feb. 10, 2025)
2025-02-10 - President Trump calls for members of OPEC+ and U.S. shale producers to supply more oil to push down oil prices to the neighborhood of $45/bbl.
What's Affecting Oil Prices This Week? (Jan. 27, 2025)
2025-01-27 - For the upcoming week, Stratas Advisors predict that the price of Brent crude will threaten $75.
What's Affecting Oil Prices This Week? (Dec. 16, 2024)
2024-12-16 - For the upcoming week, Stratas Advisors expect oil prices will move sideways with more downside risk than upside potential.
Oil Set for Weekly Loss on Surplus Fears After OPEC+ Cut Extensions
2024-12-06 - The Organization of the Petroleum Exporting Countries and its allies on Dec. 5 pushed back the start of oil output rises by three months until April.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.