North Hudson Resource Partners, a Houston-based energy investment firm, has held a final closing for its fourth non-operated fund, North Hudson Production Partners II.
The fund closed at its hard cap with $232 million of equity commitments, inclusive of the general partner’s commitment.
Production Partners II will target individual acquisitions ranging from $3.0 million to $75.0 million in active onshore U.S. basins, including purchasing AFEs, “drill-ready” acreage, producing assets with upside, and minerals. The fund, with other North Hudson affiliates, will also target larger strategic acquisitions with top-tier operators. The fund will continue North Hudson’s partnership with Fortuna Operating, who has managed the acquisition and development of assets across multiple North Hudson non-operated funds.
Over the past five years, North Hudson’s non-operated funds have acquired more than $650 million of assets and partnered with more than 30 different op