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EnCap Investments

Company type	Limited partnership
Industry	Private Equity
Founded	1988; 36 years ago (1988)
Headquarters	Houston, Texas, U.S.
Products	Investments, private equity funds
Total assets	$18 billion
Number of employees	50
Website	www.encapinvestments.com

EnCap Investments is an American private equity firm, specializing in the energy industry, particularly oil & gas. The firm was established in 1988 and is based in Houston, Texas.

History

In 2012, the company started a $4.3 billion fund to invest in oil and gas. In 2013, EnCap was ranked at #16 Private Equity International's PEI 300 list, with some $11.8 billion under management. By 2022, it was ranked #54 with $12.1 billion capital raised over the past five years.

Since its founding, EnCap Investments has raised 18 private equity funds.

In February 2019, Kimbell Royalty Partners acquired certain oil and gas royalty assets from EnCap Investments for $151.3 million in a 100% equity transaction.

In February, 2021, Grayson Mill Energy, a company backed by EnCap Investments, acquired Equinor's oil and gas assets in the Bakken Formation in North Dakota for a reported $900 million. It was reported that Equinor held approximately 242,000 net acres in North Dakota at the time of the sale.

Later that year, the company raised $1.2 billion as part of its transition to clean energy investments, particularly wind and solar power.

References

1. Pa.-based Oil and Gas Company Formed By EnCap Investments and the Hulburts
2. "EnCap Investments Seeking $4.25 Billion for Energy Fund". Bloomberg.com. 2012-09-12. Retrieved 2021-05-11.
3. Top 300 PE funds from PEI Media
4. "PEI 300: The Largest Private Equity Firms in the World". privateequityinternational.com. Retrieved 2023-03-28.
5. "EnCap Investments L.P. | EnCap Flatrock Midstream". www.efmidstream.com. Retrieved 2021-05-11.
6. "Kimbell Royalty Partners to acquire shale interests in $151.3M all-equity deal". www.spglobal.com. Retrieved 2020-03-17.
7. "Equinor sells U.S. Bakken shale assets, posts record loss for 2020". Reuters. 2021-02-10. Retrieved 2021-05-11.
8. Mann, Joshua. "EnCap Investments completes $1.2B raise for energy-transition fund". www.bizjournals.com. Retrieved 2021-05-11.

External links

• Official website

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