LEX CAPITAL MANAGEMENT INC.
LEX CAPITAL MANAGEMENT INC. is a Seed and Series C+ fund in Canada and Western Canada writing $20M–$30M checks into Climate and oil-and-gas.
- Stages
- Seed, Series C+
- Sectors
- Climate, oil-and-gas
- Check size
- $20M–$30M
- Invests in
- Canada, Western Canada
- Actively investing
- Yes
- Founded
- 2009
- Assets under management
- $645M+
- Website
- lexcapital.ca
Thesis
Lex Capital Management Inc. is a private equity firm founded in 2009, specializing in investments within the Canadian energy sector, particularly focusing on high-growth, resource opportunities in Western Canada. The firm manages multiple energy funds that concentrate on private, early-stage oil and gas companies, with a portfolio weighted towards oil and liquids-rich natural gas prospects. Their investment thesis centers on partnering with highly motivated management teams possessing proven track records, strong independent boards, and significant personal investment in their ventures. The firm has raised over $645 million and its current "bite size" for investments ranges from $20 to $30 million per deal, though they do not seek majority shareholder status.
Common questions
Does LEX CAPITAL MANAGEMENT INC. invest at the Seed stage?
Yes. LEX CAPITAL MANAGEMENT INC. lists Seed and Series C+ among the stages it invests in.
What check size does LEX CAPITAL MANAGEMENT INC. write?
LEX CAPITAL MANAGEMENT INC. writes $20M–$30M checks.
Where does LEX CAPITAL MANAGEMENT INC. invest?
LEX CAPITAL MANAGEMENT INC. invests in Canada and Western Canada.