– Waterous Energy Fund (WEF) III closed at target size of approximately US$1 billion
– One third of the Fund’s capital already invested in Greenfire Resources
– Fund III to continue WEF’s value-based strategy in Canadian oil and gas
– Focus on scaled businesses with high-quality, adjacent assets
– Majority of capital from longstanding investors, with new partners joining
– Adam Waterous, Managing Partner and CEO: “We are deeply grateful for the trust and confidence the Fund’s investors have placed in both our team and strategy. We are honoured that most of the Fund’s capital comes from our longstanding partners and are thrilled to welcome new partners into the Fund as well. We believe our track record has validated our investment thesis, and we remain confident in our ability to continue executing our strategy.”
