Andros Capital Partners announced the closing of Andros Energy Capital III at its $1 billion hard cap. And Fund III is the latest Andros flagship fund focused on private equity investments, credit opportunities, and direct asset-level investments across the energy value chain.
Andros maintains a flexible investment mandate, allowing the firm to invest opportunistically across the capital structure in public and private equity or debt securities. And since its founding, Andros has successfully executed on upstream M&A, management-led buyouts, GP-led single-asset continuation vehicles, second-lien financings, upstream drilling joint ventures, and direct mineral and royalty acquisitions across most major US basins.
Founded in 2020, Andros Capital Partners is a private investment firm based in Houston, Texas, with $2+ billion in cumulative equity commitments. Andros combines flexible, long-duration capital with an opportunistic investment mandate, utilizing a proven track record of building, operating and monetizing assets across the energy value chain.
Gibson Dunn & Crutcher served as legal counsel to Andros in connection with the formation of Fund III. Andros did not engage a placement agent or outside advisor regarding the capital raise.
KEY QUOTES:
“Andros remains committed to the responsible acquisition and development of high-quality oil and natural gas assets at scale, underpinned by the fundamental macro view that hydrocarbon demand is here to stay. We are humbled by the continued support of our investors, grateful for the dynamic partnerships we have established across the industry and very excited about this next chapter of growth.”
- Andros Founder & Managing Partner Phillip A. Gayle, Jr.
