Parallel Resource Partners
Bluescape has entered into a partnership with an affiliate of Carlson Capital, L.P. to form Parallel Resource Partners LLC, the general partner to a private equity fund focused on making controlled investments in distress driven opportunities in the North American upstream oil and gas sector. The fund held a final close in February 2012 at $702 million, including a $120 million commitment from the General Partner.

For more information on Parallel Resource Partners, please visit Parallel’s Homepage