Apr 7, 2025   SOURCE: BusinessWire

Andros Capital Partners Closes Third Energy Fund at $1 Billion

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.