32 Degrees Capital
Founded in 2004, 32 Degrees Capital is an oil and gas-focused private equity firm based in Calgary, Canada, having raised a total of $275 million in capital since its inception. Currently managing two active oil and gas funds with total committed capital of $190 million, the firm has established itself as a strategic partner with the expertise to support portfolio companies in achieving strong returns.
Recognizing the evolving landscape of the energy industry, 32 Degrees opted two years ago not to raise a new fund, choosing instead to concentrate on managing its existing portfolio to completion. This decision marked a bittersweet transition for the firm, which has not only built a top-performing energy fund but has also carved out a significant place within Calgary's investment community.
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