Andros Closes $1B Fund III for Energy Investments

Key Highlights:

  • Andros Energy Capital III closes at $1 billion hard cap

  • Focus on oil and gas investments across capital structures

  • No placement agent used; Gibson Dunn provided legal counsel

  • Flexible investment mandate spans public/private equity and debt

  • Over $2B in total equity commitments since founding in 2020

Source: Business Wire

Notable Quote:

“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. 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.”

Phillip A. Gayle, Jr., Founder & Managing Partner at Andros Capital Partners

Why This Matters:

The successful closing of Andros Energy Capital III LP at its $1 billion hard cap underscores investor confidence in traditional energy markets despite growing global emphasis on renewables. Andros Capital’s strategic flexibility to invest across the capital structure—spanning upstream M&A to mineral rights—positions it as a key player in shaping the future of U.S. oil and gas. The firm’s commitment to high-quality asset development highlights continued belief in long-term hydrocarbon demand.