Cibolo Energy Managemen has closed its first fund, raising $245 million to invest in middle market upstream and midstream oil and gas companies.
The inaugural fund, Cibolo Energy Partners I, had an investor base composed of 21 corporate pension plans, asset managers, fund of funds, endowments and foundations, family offices and high net worth individuals.
The inaugural fund will target upstream and midstream companies seeking credit alternatives to finance growth via acquisition or accelerated development capital.
