Carlyle, CVC Agree to Fund Neptune Oil & Gas Vehicle
June 10, 2015
The Carlyle Group and CVC Capital Partners have agreed to fund Neptune Oil & Gas, a new London-based energy investment vehicle. Neptune will focus on investing in large oil & gas portfolios that may come available as a result of current energy market dynamics. The vehicle will be led by Sam Laidlaw, who will work alongside Carlyle and CVC to identify large-scale investment opportunities arising in the North Sea, North Africa and Southeast Asia. Carlyle's portion of the investment will come from its Carlyle International Energy Partners fund.