Announces follow-on investment in Karve Energy Inc.
32 Degrees Capital (32 Degrees) is pleased to announce the closing of 32 Degrees Diversified Energy Fund III with $105 million of capital commitments. Fund III is a successor fund to the $85 million 32 Degrees Diversified Energy Fund II which is now fully invested. The majority of the fund investors are returning Fund II investors including endowments, leading fund of funds investors, family offices and high net worth investors.
Announces follow-on investment in Rising Star Resources Ltd.