Canadian energy private equity firm 32 Degrees Capital has promoted Trent Baker to managing partner. Baker, who joined the firm in 2007 from KPMG, will now lead the deal team in sourcing, due diligence and investment monitoring. Managing Partner Larry Evans, a co-founder of Calgary’s 32 Degrees, said the appointment will support the firm’s rebranding towards an exclusive exploration and production-focused investment strategy. Earlier this year, 32 Degrees invested in the initial $25 million financing of Calgary oil and gas company Rising Star Resources Ltd.
32 Degrees Capital Names New Managing Partner
CALGARY, Nov. 16, 2016 /CNW/ – Canada’s most operationally experienced oil & gas private equity manager, 32 Degrees Capital (32 Degrees), today announced that Trent Baker has been named a Managing Partner. As Managing Partner Mr. Baker will lead the deal team in sourcing, due diligence and investment monitoring. Mr. Baker has been with the firm for 9 years in progressively senior roles encompassing various aspects of portfolio management and firm operations.
Larry Evans, 32 Degrees Founder & Managing Partner, said, “Trent’s experience, aptitude and leadership is fundamental to our rebranding towards an exclusively E & P – focused portfolio. As Managing Partner, Mr. Baker’s financial background rounds out the firm’s senior management disciplines, with Mitch Putnam and myself representing the disciplines of geology and engineering.”
Mitch Putnam, 32 Degrees Founder & Managing Partner, continued, “With Trent’s leadership I believe we have one of the best deal teams to evaluate the numerous opportunities in Western Canada’s junior E & P niche market.”
32 Degrees Capital
Founded in 2004, 32 Degrees Capital is an oil & gas focused private equity firm based in Calgary, Canada. Our firm follows a focused investment strategy, making growth investments in partnership with management teams to explore, acquire and develop crude oil and natural gas reserves and production. 32 Degrees has more than 100 years of combined experience and integrates a blend of technical, investment, business and operating skills. As a long-term strategic partner, we have the experience and technical expertise to identify top tier opportunities and support our portfolio companies in achieving strong returns.
For more information,
Visit our website www.32degrees.ca
Or contact us at:
Larry Evans 403.861.7471 email@example.com
Mitch Putnam 403.695.1072 firstname.lastname@example.org
Trent Baker 403.695.1075 email@example.com
Photo courtesy of 32 Degrees Capital