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MidOcean Energy received strategic investment from Mitsubishi Corporation to accelerate global LNG business expansion

Apr 02, 2024over 1 year ago

Investors

Mitsubishi Corporation

Description

MidOcean Energy announced that it has received a strategic investment from Mitsubishi Corporation to accelerate its global LNG business expansion. This investment deepens MidOcean's blue-chip investor base and strengthens its momentum since its establishment at the end of 2022.

Company Information

Company

MidOcean Partners

About

MidOcean Partners is a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments. Since its inception in 2003, MidOcean Private Equity has targeted investments in high-quality middle-market companies in the consumer and business services sectors. MidOcean Credit Partners was launched in 2009 and manages a series of alternative credit strategies, collateralized loan obligations (CLOs), and customized separately managed accounts.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers