– Post Oak Energy Capital, LP announced the closing of Post Oak Energy Partners V, LP (“Fund V”) in May 2025.
– Fund V secured $600 million in capital commitments.
– Total capital raised for the strategy reached $764 million, including a co-investment vehicle.
– Investors include a mix of legacy and new limited partners.
– Fund V continues the firm’s strategy of investing in the lower middle market segment of the North American upstream oil and gas sector.
– Investment focus includes growth, development, acquisitions, and recapitalizations, partnering with experienced management teams.
– Fund V has made commitments to five portfolio companies so far.
– Capital has been deployed across the Permian, Utica, and Haynesville basins.
– One notable investment includes a minerals and royalty position with significant current yield and strong growth prospects in the Permian Basin.
– Managing Director Frost Cochran emphasized the strength of Post Oak’s market niche and continued focus on portfolio expansion.
– Since inception, Post Oak’s funds have invested in over 30 companies and raised approximately $3 billion across all vehicles.
– The firm aims to deliver current yield and long-term growth with a balanced, risk-adjusted approach.
– Placement agent for Fund V: Capstone Partners, a Mizuho Company.