PRINT THIS PAGE SGAM and 4D close 4D Global Energy Development Capital Fund at $81m24/10/2003. Source: AltAssets. 
 Société Générale Asset Management and 4D Global Energy Advisors have announced the closing of the 4D Global Energy Development Capital Fund at $81m. The France-based fund is the first in private equity dedicated to making investments in the oil and gas chain on a global basis.
The fund has already invested in Italiana Energia e Servizi, a niche refiner based in the north of Italy, and is about to close its second investment. The fund is seeking to make between five and eight investments in private, middle-market companies. It seeks to take minority stakes in businesses with enterprise values ranging from $50m to $500m.
The oil and gas industry accounts for between four and five per cent of global GDP. The oil and gas chain comprises companies that are involved in the production, transportation and processing, refining and marketing of oil and gas, and in the provision of services and technology to the industry.
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