PRESS RELEASE
3 April 2025

Waterous Energy Fund Closes Third Private Equity Fund At C$1.4 Billion

BJ
Bennett Jones LLP

Contributor

Bennett Jones is one of Canada's premier business law firms and home to 500 lawyers and business advisors. With deep experience in complex transactions and litigation matters, the firm is well equipped to advise businesses and investors with Canadian ventures, and connect Canadian businesses and investors with opportunities around the world.
Waterous Energy Fund (WEF) announced the final closing of its third private equity fund, Waterous Energy Fund III, at the stated target of C$1.4 billion.
Canada

Waterous Energy Fund (WEF) announced the final closing of its third private equity fund, Waterous Energy Fund III, at the stated target of C$1.4 billion. The Fund will continue to pursue its value-based investment strategy in the Canadian oil and gas sector.

Bennett Jones served as legal counsel to WEF in the formation of Fund III.

The Bennett Jones team was led by Haifeng Hu (Corporate; Private Equity) and included Anu Nijhawan (Tax) and Andy Hur (Corporate).

WEF's press release on Fund III is available here.

Contributor

Bennett Jones is one of Canada's premier business law firms and home to 500 lawyers and business advisors. With deep experience in complex transactions and litigation matters, the firm is well equipped to advise businesses and investors with Canadian ventures, and connect Canadian businesses and investors with opportunities around the world.

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