EnCap Investments, a Houston, TX-based provider of growth capital to the independent sector of the U.S. energy industry, closed EnCap Energy Capital Fund XII, L.P., with capital commitments of $5.25 Billion.
Fund XII currently includes investments in twelve portfolio companies across major U.S. oil & gas basins, ten of which are managed by teams the firm has partnered with in previous funds.
In addition to Fund XII, EnCap also recently finalized fundraises for its two other investment verticals, EnCap Energy Transition Fund II and EnCap Flatrock Midstream Fund V. All three EnCap platforms achieved final close this year and raised approximately $9 Billion of capital collectively.
Since 1988, EnCap Investments has been a provider of growth capital to the independent sector of the U.S. energy industry. Led by Managing Partners Doug Swanson and Jason DeLorenzo, the firm has raised 25 institutional investment funds totaling over $40 Billion and currently manages capital on behalf of more than 350 U.S. and international investors.
