KEROGEN CAPITAL II LIMITED
KEROGEN CAPITAL II LIMITED is a Series C+ and buyout fund in international and UK writing $100M–$200M checks into Climate, oil-and-gas, biofuels, geothermal, nuclear-energy, carbon-light and energy-transition.
- Stages
- Series C+, buyout
- Sectors
- Climate, oil-and-gas, biofuels, geothermal, nuclear-energy, carbon-light, energy-transition
- Check size
- $100M–$200M
- Invests in
- international, UK
- Actively investing
- Yes
- Founded
- 2007
- Assets under management
- $2B
- Website
- kerogencap.com
Thesis
Kerogen Capital is a private equity firm founded in 2007, specializing in the international energy sector with offices in Hong Kong, London, and San Francisco. The firm manages over $2 billion in AUM and is committed to sustainability, achieving carbon neutrality since 2020. Their investment strategy focuses on partnering with management teams to capitalize on long-term energy industry trends, including global energy consumption growth, the transition to a lower-carbon society, digital transformation, and the increasing role of private capital. They target established upstream oil and gas companies for growth capital and have recently emphasized localization in segments like biofuels, geothermal, and nuclear energy. The firm's geographic scope is international, with a focus outside North America for its energy fund, and they actively engage in co-investment programs. Kerogen Energy Fund II, which closed in 2016, had total capital commitments of $830 million. The typical check size for its debut fund was $100-200 million per deal, with co-investment from LPs.
Common questions
Does KEROGEN CAPITAL II LIMITED invest at the Series C+ stage?
Yes. KEROGEN CAPITAL II LIMITED lists Series C+ and buyout among the stages it invests in.
What check size does KEROGEN CAPITAL II LIMITED write?
KEROGEN CAPITAL II LIMITED writes $100M–$200M checks.
Where does KEROGEN CAPITAL II LIMITED invest?
KEROGEN CAPITAL II LIMITED invests in international and UK.