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


Client Work Waterous Energy Fund Closes Third Private Equity Fund at C$1.4 Billion March 31, 2025 Authors Haifeng HuPartner Anu Nijhawan KCLead Director and Head of Tax Department 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. Share by Email Social Media Download Download Subscribe Republication Requests To obtain permission to republish this publication or any other publication, contact Erica Wirthlin at wirthline@bennettjones.com. For Informational Purposes Only This publication provides an overview of trends and legal updates for informational purposes only. For personalized legal advice, please contact the authors. Authors Haifeng Hu, Partner Vancouver • 604.891.5378 • huh@bennettjones.com Anu Nijhawan KC, Lead Director and Head of Tax Department Calgary • 403.298.3389 • nijhawana@bennettjones.com

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