Denver-based Bayswater has raised $346 million to date for its fourth energy fund, Bayswater Natural Resources Fund IV-A, according to a recent Form D filing with the SEC. The fund launched in February 2019 and has raised capital from 56 investors. The Form D notes the dollar figure is an aggregate amount for Fund IV-A and its companion, Fund IV-B. It does not list a target fundraising amount or a final closing date.
Bayswater, founded in 2004, is an oil and natural gas development company that owns and operates properties principally in Colorado, Texas and Wyoming. Current operations are focused in the DJ Basin Codell-Niobrara play and the Permian Basin.
Since 2010, Bayswater has been a principal in a series of institutional energy funds, and in 2016 became a registered investment adviser. Bayswater closed its third fund — Bayswater Elgin Natural Resources Fu