We are pleased to announce our investment in Golden Energy Offshore Services (“GEOS”) through the public company’s latest round of private placement. The private placement was led by the company’s largest shareholder, Oaktree Capital Management. Pelagic Partners acquired 95 million shares to secure a 20% ownership stake and become the 2nd largest shareholder in the company. Pelagic Partners will also have a seat on the Board of Directors.
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