Post Oak Energy Capital has held a $600 million close for its Post Oak Energy Partners IV.
Post Oak Energy Partners IV will pursue the same strategy as its first three funds (Post Oak Energy Partners, Post Oak Energy Partners II, and Post Oak Energy Partners III) with equity investments in North American oil and gas companies, oilfield services, and related infrastructure. Funding from Post Oak will continue to be used for growth capital, development acceleration, acquisitions and recapitalization purposes.
Post Oak Energy Partners III continues to have available new investment capacity and Post Oak expects to begin investing capital from the fourth fund in early 2018.
Post Oak has invested in 25 companies since forming Fund I in late 2011 and has primarily focused on upstream oil and gas investments, with two oilfield services and two midstream investments.
