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Post Oak Energy Capital closes Post Oak Energy Partners IV

Post Oak Energy Capital has held the closing of Post Oak Energy Partners IV at its hard cap of USD600 million.

The fund 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 recapitalisation purposes.
 
Post Oak Energy Partners III, LP 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, primarily focused on upstream oil and gas investments, with two oilfield services and two midstream investments.
 
“The hard work of our industry partners produced a combination of material asset realisations and new investments that resulted in the opportunity to raise our fourth fund sooner than we had anticipated,” says Frost Cochran, Managing Director of Post Oak. “We are gratified by the continuing support of our strategy and team by our investment partners.”
 

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