Tortoise Capital Advisors L.L.C. - 2012-07-27


The Fund raised $325 million in gross proceeds, and should the underwriters exercise their overallotment option in full, which may or may not occur, the Fund will have raised approximately $374 million. The Fund intends to focus primarily on North American energy companies that engage in the exploration and production of crude oil, condensate, natural gas and natural gas liquids that generally have a strong presence in North American oil and gas reservoirs. Montage Investments and its affiliates played an important role in providing sales and marketing support to Tortoise during the offering. The underwriting syndicate was led by UBS Investment Bank, BofA Merrill Lynch and Wells Fargo Securities. Senior co-managers included Barclays, Oppenheimer & Co., RBC Capital Markets and Stifel Nicolaus Weisel.

Click here to go back to the search page
Estimated Price
Financing Type
Report Date