Bernhard Capital Partners Raises Over $750 Million and Closes Its Inaugural Energy Services Fund
Atlantic‐Pacific Capital served as global placement agent
Atlantic-Pacific
Capital, the largest privately-owned global placement agent and
advisory firm, is pleased to announce the closing of BCP Energy Services
Fund, LP (the “Fund”), a private equity fund investing in North American
services companies across the midstream, downstream, and power
verticals. Bernhard
Capital Partners Management (“BCP”) raised over $750 million from a
diverse group of investors, including public and corporate pension
funds, university endowments, family offices, strategic corporate
investors, industry executives, as well as a significant investment by
the BCP professionals.
Mark
Bourgeois, President and CEO at Atlantic-Pacific
Capital, said, “It was a pleasure collaborating with the BCP team,
and we are pleased that institutional investors recognized their
differentiated business model within the energy complex.” Josh
Vogelhut, Partner at Atlantic-Pacific Capital, added, “BCP’s deep
industry relationships and in-house operational skill-set has allowed
the team to rapidly execute on their vision of building leading middle
market energy services companies away from the crowded and volatile
upstream oil and gas sector.”
“We are honored by the support of our investors and look forward to
prudently deploying their capital. Atlantic-Pacific did an outstanding
job introducing us to like-minded investors and managing an efficient
fundraising process,” said Jim
Bernhard, Founder and Partner of BCP.
To date, BCP has made 14 proprietary acquisitions across its four
established platforms. Three acquisitions were carve-outs from public
companies. BCP has attracted world-class management teams and its
portfolio companies now employ over 12,000 people.
“BCP Energy Services Fund is the largest energy services focused fund
ever raised and the largest U.S. based first-time energy fund raised in
the last five years,” concluded Alex
Leykikh, Partner at Atlantic-Pacific Capital.
About Atlantic‐Pacific Capital, Inc. (www.apcap.com),
Member FINRA and SIPC
Atlantic-Pacific Capital is the largest privately-owned global placement
agent and advisory firm dedicated to raising capital for alternative
investments. Since its founding in 1995, the firm has executed more than
90 capital raising assignments aggregating over $60 billion for an
extraordinary group of alternative asset managers. Typical mandates
include private equity, real estate, real assets, natural resources and
infrastructure fund placements. Atlantic-Pacific provides global
marketing distribution and project management execution using a focused
and customized approach. With experienced professionals located in eight
offices throughout the United States and in London and Hong Kong,
Atlantic-Pacific maintains a global network of trusted relationships
with influential institutional investors.
About Bernhard Capital Partners Management (www.bernhardcapital.com)
Bernhard Capital Partners (“BCP”) is an energy services-focused private
equity firm established in 2013 by Jim Bernhard, Jeff Jenkins and a team
of experienced private-equity professionals. BCP seeks to create
sustainable value by leveraging its founding partners' 25 years of
experience in acquiring, operating and growing energy-services
businesses. From strategic industry insight to operational efficiencies
and best-practice management, BCP provides resources far beyond its
investments.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160608005170/en/
Copyright Business Wire 2016
Source: Business Wire
(June 8, 2016 - 8:30 AM EDT)
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