Natural Gas Partners Raises $4B Energy Fund

Mar 4 2008 | 11:51am ET

Irving, Texas-based Natural Gas Partners has closed its Natural Gas Partners IX private equity fund with total commitments of $4 billion.

“The fund has made 10 investments to date,” said William Quinn, managing partner. Given our current investment pace and strong deal flow, we are glad to have raised a fund that is of sufficient size to allow us to continue to do this over the next several years.”

Founded in 1988, NGP has managed more than $7 billion of cumulative capital and made investments in over 130 companies in the oil and gas production, oilfield service, mid-stream and related energy sectors.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...