– Andros Energy Capital III LP successfully closed at its $1 billion hard cap
Fund III focuses on private equity, credit, and direct asset-level investments across the energy value chain
– Continues Andros’ strategy of responsible acquisition and development of oil and natural gas assets
– Flexible investment mandate includes both public and private equity or debt across the capital structure
– Proven track record with deals including upstream M&A, buyouts, second-lien financings, and mineral/royalty acquisitions
– Operates across most major U.S. energy basins
– No placement agent or outside advisor used; Gibson Dunn & Crutcher LLP acted as legal counsel
– Founder & Managing Partner Phillip Gayle, Jr. emphasizes long-term confidence in hydrocarbon demand and industry partnerships