Lex Capital Management, Inc.

General contacts
Investor type

PE

Founded

2009

AUM

-

Location

Regina, Saskatchewan, Canada

Investment Ticket

$10-50 m

Investment Stage

Seed Series A Series B Late Stage (Series C+)

Region of investment

North America
Investor profile last updated: 12 August, 2026

Profile

Lex Capital Management is a private equity firm based in Regina, Saskatchewan, Canada, focusing on strategic investments in the energy sector. Founded in 2009 by E. Craig Lothian, the firm leverages a team with diverse backgrounds in operations, entrepreneurship, and finance. The team, including notable figures like Dean Popil (CEO) and Curtis Armstrong (CFO), is dedicated to optimizing investments and maximizing returns through active management and rigorous evaluation practices.

Lex Capital invests in early-stage to growth-stage companies within the Canadian energy industry. It manages several funds, aiming for significant ownership stakes in upstream oil and gas ventures, particularly those with a focus on oil and liquids-rich natural gas. Their investment strategy prioritizes partnership with management teams capable of delivering clear value creation paths. They have amassed significant assets under management across their multiple energy-focused funds.

Lex Capital's portfolio includes investments in Artis Exploration Ltd., Karve Energy Inc., and Durham Creek Energy Ltd., among others. The firm emphasizes strategic partnerships with investee companies to ensure alignment and generate exceptional returns.

Industry

Utilities Oil and Gas Industrial Energy

Contacts

Name
Title
Email
Social Networks
avatar
Curtis Armstrong Managing Partner & CFO
Managing Partner & CFO
c•••@•••
LinkedIn
avatar
Dean Popil Managing Partner & CEO
Managing Partner & CEO
d•••@•••
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FAQs about Lex Capital Management, Inc.

Lex Capital Management, Inc. is a private equity firm. It backs companies at Seed, Series A, Series B and Late Stage (Series C+), writing tickets of $10-50 m.
Lex Capital Management, Inc. is located in Regina, Saskatchewan, Canada.
Lex Capital Management, Inc. was founded in 2009.
Lex Capital Management, Inc. invests in companies and startups in Utilities, Oil and Gas, Industrial, Energy.
Lex Capital Management, Inc. invests in companies and startups in North America.
Lex Capital Management, Inc. invests in companies and startups at Seed, Series A, Series B, Late Stage (Series C+).
Lex Capital Management, Inc. usually invests $10-50 m on average.
Lex Capital Management, Inc. can be reached through its website lexcapital.ca and its LinkedIn page. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Lex Capital Management, Inc. — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Lex Capital Management, Inc. directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.
Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 12 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.