Andros Capital Partners has closed its latest flagship fund, Andros Energy Capital III, at its $1bn hard cap. The fund will focus on private equity investments, credit opportunities, and direct asset-level investments across the energy value chain.
Andros maintains a completely flexible investment mandate, allowing the firm to invest opportunistically across the capital structure in both public and private equity or debt securities.
Since its inception, Andros has successfully executed on upstream M&A, management-led buyouts, GP-led single-asset continuation vehicles, second-lien financings, upstream drilling joint ventures and direct mineral and royalty acquisitions across most major US basins.
Gibson Dunn & Crutcher LLP served as legal counsel to Andros in connection with the formation of Fund III.
Andros did not engage a placement agent or any outside advisor in connection with the capital raise.
