Apr 19 2011
Bedell Cristin in Guernsey (partners Kate Ovenden and Mark Helyar) has advised Energy Ventures on the establishment of its fourth investment fund, investing in petroleum-related technology companies. Energy Ventures IV LP, which is administered by Aztec Financial Services (Guernsey) Limited, has raised USD 350 million by way of investment, continuing the success of Energy Ventures' previous three funds.
The Bedell Cristin team was led by partner Kate Ovenden, whilst partner Mark Helyar sits on the general partner board. Kate Ovenden said "We were delighted to work with Aztec and CLP DA in Oslo in advising Energy Ventures on the launch of its fourth fund in Guernsey. It is particularly pleasing that high quality and successful promoters such as Energy Ventures are continuing to choose Guernsey as their preferred jurisdiction."
For further information, please contact Kate Ovenden or Mark Helyar