Private equity firm Second City Capital Partners has received commitments totaling C$60 million for its planned energy-focused Second City Capital Partners III LP, according to the Calgary Herald. The partnership, which is targeted to raise C$200 million, obtained its initial backing from Sam Belzberg, founder of the Vancouver, British Columbia-based Second City, and David Pope, who will be joining the firm when it opens a new branch office in Calgary, Alberta. Second City seeks opportunities involving under-valued assets in infrastructure, oil and gas, power, real estate and other sectors.
Further details concerning Second City Capital Partners can be found on its website.
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