The Azimuth team has decades of diverse North American and global energy sector experience. Direct operating and executive leadership experience enables us to identify, assess and capture differentiated, market relevant opportunities that are capable of generating globally competitive risk-adjusted rates of return.
Azimuth is focused on building operationally strong, value-creating companies that can achieve dual-track relevance – attractive to both strategic acquirers and the public markets. Over the past six years, three of our portfolio companies – international offshore oil explorer Cobalt International Energy, Inc., in-situ oil sands developer MEG Energy Corp., and tight natural gas and liquids resource producer Seven Generations Energy Ltd. – have gone public in some of North America’s most successful initial public offerings of energy companies.
Azimuth currently manages four funds with approximately $1.6 billion of assets. Three of the funds are fully committed, while our newest fund is in its primary investment period.
Azimuth also manages an additional $1.7 billion of capital through our innovative co-investment program. This program uniquely positions Azimuth to invest in mid-sized and larger opportunities while strengthening influence, governance and investor rights in our portfolio companies.