$1B Hong Kong Fund Targets Midsize Oil Cos.

Law360, New York (July 25, 2012, 1:22 PM EDT) -- Hong Kong-based private equity fund Kerogen Capital Ltd. has closed a more than $1 billion fund to invest in midsize oil and gas producers, according to a statement Wednesday by Forbes Private Capital Group, which managed and advised on the fund.

Kerogen Energy Fund LP will provide growth and development capital to junior upstream oil and gas companies, Forbes said in a statement. Many of these midsize independent energy firms are swamped with debt and hungry for funds to develop licenses in new oil frontiers like...
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