Juniper Capital Advisors LP has closed its newest fund at a hard cap of $500 million. The fund will focus on making investments between $25 million and $75 million in U.S. oil and gas companies. Champlain Advisors LLC was the placement agent.
HOUSTON (November 7, 2016) – Juniper Capital Advisors, L.P. (“Juniper”) today announced that it has conducted the final close of its first institutionally-backed private equity fund, Juniper Capital II, L.P. (the “Fund”) at its hard cap of $500 million. The Fund targets equity investments of $25-75 million in oil and gas companies located primarily in the continental United States.
Edward Geiser, Managing Partner, said: “Juniper is deeply grateful for the confidence our exceptional group of energy investors has placed in us. We are committed to continuing to identify and prosecute high-quality upstream investment opportunities in the U.S. to further build the relationship between Juniper and its partners.”
Richard Gordon, Partner, continued: “This period of market dislocation has created opportunities that rival the best I have seen in my forty-year career. The investment valuations and structures we have been able to achieve position the Fund well for future success. The Fund’s current portfolio companies provide us with exceptional assets and exposure across various basins and operational teams.”
Kevin Cumming, Partner, added: “The combination of our work experience together going back over sixteen years, along with our independent experience and various networks, creates a steady flow of investment opportunities for us at the smaller end of the oil and gas investment market. Our team and our approach enable us to quickly review a large number of opportunities based on well-level production and economics.”
“Despite the upheaval of the energy markets, Juniper hard-capped the fund with a terrific set of high caliber energy investors,” added Terence Crikelair, Managing Partner of Champlain Advisors, LLC, who served as the Fund’s placement agent. “Juniper’s capabilities and style continue to impress management teams looking for a unique and value-added partner.”
Latham & Watkins LLP served as fund formation counsel, and Champlain Advisors LLC served as exclusive global placement agent for the Fund.
About Juniper Capital
Juniper is based in Houston and provides private equity capital to middle-market oil and gas companies. The firm is focused on working with high-quality management teams to provide transformational capital to demonstrate the value and productive potential of properties located primarily in the continental United States. For more information, please visit www.juncap.com.
About Champlain Advisors, LLC
Champlain Advisors, LLC provides fund placement, advisory and investor relations services to alternative investment managers. Champlain’s team has raised over $25 billion of institutional capital globally and is an SEC registered Broker/Dealer and FINRA/SIPC member firm. Please contact Terence Crikelair at (212) 686-7949 x112 or visit www.champlainadvisors.com for additional information.