The Employees Retirement System of Texas (Texas ERS) has committed $50 million to Melange Energy Secondaries, a private infrastructure fund managed by Melange Capital Partners.
Established in 2022, Melange Capital Partners is an independent, founder-owned and controlled investment firm formed by two investment professionals who began their careers together 15 years ago at the energy group of one of Wall Street’s top investment banks. The duo has worked exclusively in the energy sector as investors, allocators or operators, executing transactions across a wide spectrum of the energy value chain.
The firm focuses on acquiring energy-focused private equity portfolios or companies in North America through secondary transactions. According to its website, Melange targets sectors where it possesses specialized knowledge and competitive advantages, particularly in the oil and gas upstream, midstream, downstream, oilfield services and power sectors.
As of Aug. 2, the
