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Buyout firm KKR is to open a Calgary office focusing on the oil sands.
Buyout firm KKR is to open a Calgary office focusing on the oil sands.
(Jeff McIntosh/THE CANADIAN PRESS)

With eye on oil patch, KKR to open Calgary office

KKR & Co., the New York-based buyout firm, is opening an office in Calgary next month to expand investments in the Canadian oil patch at a time when capital markets have been stingy to energy companies seeking to expand operations and make acquisitions.

The company is scouting for opportunities in all facets of Canadian energy, from production to infrastructure to oil-field services, said Brandon Freiman, who will be relocating from New York to head up the office.