White Deer Management Raises $1.275B for Second Fund
March 15, 2013
White Deer Management, an energy-focused PE firm, has raised $1.275 billion for its White Deer Energy II fund, according to SEC filings. Based in Houston and New York, the firm looks to invest in oil service companies in attractive market niches with potential for substantial growth. Its most recent deal was with Emerald Oil (NYSE MKT: EOX); White Deer agreed to invest $50 million into the Denver-based E&P company this past February.