Client Work

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

March 31, 2025
Authors
Haifeng HuPartner
Anu NijhawanPartner
Andy HurAssociate

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.

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For informational purposes only

This publication provides an overview of legal trends and 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, Partner  •   Co-Head of Tax Department
Calgary  •   403.298.3389  •   nijhawana@bennettjones.com
Andy Hur, Associate
Vancouver  •   604.891.5115  •   hura@bennettjones.com