Publications

Andros Capital Partners closes second energy fund at $750m
Energy - JANUARY 5, 2023

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Andros Capital Partners closes second energy fund at $750m

by Andrea Zander

Andros Capital Partners has closed its second investment fund Andros Energy Capital II at its $750 million hard cap.

“We are extremely grateful for the continued support and confidence that our investors and partners have placed in our firm,” said Phillip Gayle Jr., founder and managing partner of Andros. “Our team continues to source and execute on compelling investment opportunities during this period of fundamental macro dislocation in global energy markets caused by the rapid recovery of hydrocarbon demand and continued global underinvestment.”

Andros will pursue a similar investment strategy as the firm’s inaugural 2020-vintage fund focused on private equity investments, credit opportunities and direct asset-level investments. Fund II will primarily target middle-market transactions requiring between $100 million and $500 million and maintain a flexible and opportunistic investment mandate, allowing the firm to invest across the capital structure in both

Forgot your username or password?