Singapore: Pierfront Capital invests $30m in NYSE-listed KNOT Offshore Partners

Hilda-Knutsen, a ship in the KNOP portfolio. Credit: KNOT Offshore Partners

Singapore-based Pierfront Capital Mezzanine Fund Pte. Ltd. (Pierfront Capital) has closed a $30 million investment in KNOT Offshore Partners LP (KNOP). It acted as the anchor investor for the $30-million follow-on placement of Series A Preferred Units for KNOP.

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