DALLAS, Aug. 26, 2015 /PRNewswire/ -- Edge Natural Resources LLC ("Edge") today announced the final closing of its inaugural private equity fund, ENR Partners LP, with $445.7 million in total commitments. The fund will make investments in the North American oil and gas sector.
Edge Partner Jesse Bomer said, "We are extremely grateful for the confidence our investors showed in our team and strategy. This support allowed us to quickly conclude the fundraising process with demand far exceeding our self-imposed hard cap on commitments. Most importantly, we have patient capital from a diverse, energy-savvy investor base."
Edge Partner Oscar Pate continued, "With the fundraising completed, we are now actively pursuing opportunities to partner with best-in-class management teams and deploy capital at attractive risk-adjusted rates of return."
Edge Partner Roy Aneed concluded, "We would like to take this opportunity to extend a heartfelt thanks to the members of our Industry Advisory Board, as well as the numerous other energy executives we count as mentors and friends. They have been instrumental in the successful formation of our firm and we are proud to count each of them as a co-founder of Edge."
Gibson, Dunn & Crutcher LLP served as fund formation counsel. Edge did not engage a placement agent in connection with the formation of the fund.
Edge Natural Resources LLC is a Dallas-based private equity firm focused on small-cap investments in the North American energy industry. For additional information, please email email@example.com or visit www.edgenr.com.
SOURCE Edge Natural Resources LLC