EdgeStone Capital Partners, L.P., a subsidiary of GMP Capital Trust, announced today the launch of EdgeStone Capital Energy Fund, L.P.

EdgeStone Energy Fund’s target is to raise $75 million to $100 million and make equity and equity-related investments in Canadian oil and gas and other energy-related companies with acquisition and organic growth opportunities.

The dedicated EdgeStone Energy Fund team will be based in Calgary. “The EdgeStone Energy Fund team will follow the same disciplined investing approach that has successfully been utilized in other EdgeStone funds and that has delivered EdgeStone’s outstanding track record to our investors,” said Samuel Duboc, president and managing partner of EdgeStone.

“We believe we are creating a world-class and industry-leading investing entity through the unique combination of EdgeStone’s private equity capabilities and team, and GMP’s expertise and relationships. We are also forming an advisory committee that will be comprised of industry-leading experts,” said Kevin Sullivan, CEO of GMP Capital Trust. “This collaboration of human capital is an example of our strategy to integrate each of our businesses to further develop and enhance the products and services we offer to our corporate and private clients and investors.”

EdgeStone Energy Fund will capitalize on the robust fundamentals in the global energy market, and Canada’s strong position to supply growing demand in the oil and gas markets. Though Canada has the second largest oil reserves and third largest natural gas reserves in the world, significant investment is required to fund the exploration and production activity required to realize these reserves.

“There are a tremendous number of private investment opportunities to back high-quality management teams in the Canadian energy space and the EdgeStone Energy Fund is well positioned to capture the high demand for funding from these companies,” said Tom Tucker, partner responsible for energy investing at EdgeStone. Tucker has over 12 years of energy, private equity, and corporate finance experience.

Marketing of the fund begins today in Calgary, followed by meetings in Vancouver on Thursday, March 29 and Toronto on Friday, March 30, with further meetings to follow in the coming weeks.