- Andros Capital Partners LLC has closed its Andros Energy Capital III LP at a hard cap of $1 billion. - Fund III focuses on private equity investments, credit opportunities, and direct asset-level investments in the energy value chain. - Founder and Managing Partner Phillip A. Gayle, Jr. expressed gratitude for investor support and emphasized a commitment to responsible acquisition and development of oil and natural gas assets. - The firm has a flexible investment mandate, allowing for opportunistic investments across public and private equity or debt securities. - Andros has successfully executed various transactions, including upstream M&A, management-led buyouts, and direct mineral acquisitions since its inception. - Gibson Dunn & Crutcher LLP was the legal counsel for the formation of Fund III. - Andros did not use a placement agent or outside advisor for the capital raise. - Founded in 2020, Andros Capital Partners is based in Houston, Texas, with over $2 billion in cumulative equity commitments. - The firm leverages long-duration capital and a proven track record in the energy sector. - More information can be found at their website or by contacting them via email.

Andros Capital Partners Closes Third Energy Fund at $1 Billion:


Apr 7, 2025 8:30 AM Eastern Daylight Time

HOUSTON--(BUSINESS WIRE)--Andros Capital Partners LLC (“Andros”) today announced the closing of Andros Energy Capital III LP (“Fund III”) at its $1 billion hard cap. Fund III is the latest Andros flagship fund focused on private equity investments, credit opportunities and direct asset-level investments across the energy value chain.

“Andros remains committed to the responsible acquisition and development of high-quality oil and natural gas assets at scale, underpinned by the fundamental macro view that hydrocarbon demand is here to stay,” said Andros Founder & Managing Partner Phillip A. Gayle, Jr. “We are humbled by the continued support of our investors, grateful for the dynamic partnerships we have established across the industry and very excited about this next chapter of growth.”

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.

About Andros Capital Partners LLC

Founded in 2020, Andros Capital Partners is a private investment firm based in Houston, Texas with over $2 billion in cumulative equity commitments. Andros combines flexible, long-duration capital with an opportunistic investment mandate, leveraging a proven track record of building, operating and monetizing assets across the energy value chain. For more information please visit www.androscapital.com or contact Andros at info@androscapital.com.

Contacts

Media Contact
Meredith Hargrove Howard
Redbird Communications Group
meredith@redbirdpr.com