Private investment firm Aethon Energy Management LLC made the final close of Aethon II LP, its second energy private-equity fund. There is a total of $240 in capital commitments together with co-investments.
Aethon's recent activity exceeded the $200 million target that was established for the fundraising, and commitments were received from new and existing institutional investors. The fund supports acquisition and development of domestic onshore oil and natural gas assets with asymmetric returns. Concurrent with this final closing of the fund, Aethon fully invested the capital it raised.
Aethon Energy Management LLC is based in Dallas.
Recommended Reading
Targa Expects Another Major Permian Pipeline Project This Year
2024-05-03 - Targa Resources says different projects are falling in place for gas capacity expansion
Summit Midstream Launches Double E Pipeline Open Season
2024-04-02 - The Double E pipeline is set to deliver gas to the Waha Hub before the Matterhorn Express pipeline provides sorely needed takeaway capacity, an analyst said.
Waha NatGas Prices Go Negative
2024-03-14 - An Enterprise Partners executive said conditions make for a strong LNG export market at an industry lunch on March 14.
Kinetik Holdings Enters Agreement to Pay Debt
2024-04-04 - Kinetik Holdings entered an agreement with PNC Bank to pay down outstanding debt.
Kinder Morgan Sees Need for Another Permian NatGas Pipeline
2024-04-18 - Negative prices, tight capacity and upcoming demand are driving natural gas leaders at Kinder Morgan to think about more takeaway capacity.