BTG Capital Inc. Successfully Closes C$74.2 Million Inaugural Fund

Article content

BTG Capital also Announces the Appointment of Five Distinguished Industry Advisory Board Members and Senior Operating Partners

CALGARY, Alberta, Dec. 20, 2022 (GLOBE NEWSWIRE) — BTG Capital Inc. (“BTG Capital” or the “Manager”), a Calgary-based private equity manager, announces the final closing of its inaugural private equity fund, BTG Energy Infrastructure Partners LP Fund I (the “Fund“), with C$74.2 million in total commitments from institutional and family office investors. The Fund was entirely sourced from within Canada and BTG Capital did not engage a Canadian placement agent.

Article content

The Fund’s mandate is to make investments in the Canadian energy infrastructure sector. It is currently focused on midstream, power and energy transition platform investments. The Fund was founded in November 2020 by C. Brett Stevenson, Gable T. Gross and Tom W. Buchanan, who collectively have more than 65 years of diverse senior level midstream and energy industry experience.

Industry Advisory Board and Senior Operating Partners

In support of the Fund’s investment strategy, BTG Capital also announces the appointment of five distinguished Industry Advisory Board members and Senior Operating Partners (collectively, the “BTG Partners”). These individuals bring extensive and diverse experience from across the North American and International energy sectors to the Fund. Their collective experience and relationships are also expected to be invaluable in sourcing and evaluating proprietary opportunities for the Fund.

Article content

About BTG Capital

BTG Capital Inc. is a Calgary-based operationally focused private equity firm manager focused on lower middle market Canadian midstream, power and energy transition platform investments. For additional information, please visit www.BTGcapital.ca.

For further information, please contact:

C. Brett Stevenson, Managing Partner
BTG Capital Inc.
Suite 300, 808 1^st Street SW (Alberta Hotel Building)
Calgary, AB, T2P 1M9

Tel: (403) 688-2118
Email: [email protected]

Forward Looking Information

This press release contains certain forward-looking information (collectively referred to herein as “forward-looking statements”). Forward-looking statements are often, but not always, identified by the use of words such as “guidance”, “outlook”, “anticipate”, “target”, “plan”, “continue”, “intend”, “consider”, “estimate”, “expect”, “may”, “will”, “should”, “could” or similar words suggesting future outcomes. Forward-looking statements are based on a number of material factors, expectations or assumptions of BTG Capital which have been used to develop such statements and information but which may prove to be incorrect. Although BTG Capital believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because BTG Capital can give no assurance that such expectations will prove to be correct. The forward-looking statements contained in this press release are made as of the date hereof and BTG Capital does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

SOURCE BTG Capital Inc.