Board of Directors
Pentti O. Karkkainen
General Partner, KERN Partners Ltd. (a private
equity firm and partnership).
In addition to being Lead Director, Mr. Karkkainen is a member of:
- Audit Committee
- Compensation Committee
Mr. Karkkainen has 24 years of investment management, energy sector research and investment banking
experience, as well as four years of industry experience with Gulf Canada Resources. Mr. Karkkainen is a
founding and General Partner of KERN Partners Ltd., a Calgary based energy sector private equity firm that
was established in late 2000. KERN Partners has $1.1 billion of capital under management from a variety of
North American and European pension funds, endowments, family offices and other financial institutions.
Prior to establishing KERN Partners, Mr. Karkkainen was Managing Director and Head of Oil and Gas
Equity Research at RBC Capital Markets.
Mr. Karkkainen holds a Bachelor of Science (Honours) degree in Geology from Carleton University in
Ottawa and a Masters of Business Administration degree from Queen's University in Kingston.
Mr. Karkkainen is also a director of several Calgary based private energy infrastructure and oil and gas
exploration and development companies including Altex Energy Ltd., Connaught Oil & Gas Ltd., Dolomite
Energy Inc. and Peloton Exploration Inc.