CIEP seeks investment opportunities in oil and gas outside North America, notably in Europe, Africa, Latin America and Asia. The primary investment focus is on oil and gas exploration and production (E&P), mid- & downstream, refining and marketing (R&M) and oil field services (OFS). It was Launched in 2013 and with $2.5 billion raised, this fund targets global opportunistic investments in oil and gas outside of North America. The primary investment focus is on oil and gas exploration and production (E&P), mid- & downstream, refining and marketing (R&M) and oil field services (OFS).