Closed Fund for High River Resources Successfully Reaches $205 Million Mark
High River Resources Management, a leading energy-focused private equity firm, has announced the successful closing of High River Resources II, LP. The managing partners, Robert Vaughn, Andrew Imel, and Perry Cunningham, played a pivotal role in the fundraising round, which surpassed its initial target by over 35%.
The fundraising round attracted strong backing from institutional investors, registered investment advisors, and family offices, positioning High River Resources to build on its prior successes in a dynamic energy market. The firm's potential for larger co-investments adds to its appeal, as it continues to focus on acquiring and optimizing high-quality oil and gas assets in the U.S.
The successful closing of High River Resources II, LP marks a significant milestone for the firm. The current milestone is a testament to the strength of High River Resources' team and operating company. The managing partners expressed gratitude for the continued support from their existing relationships and welcomed the many new investors who have joined the fund.
High River Resources has already completed its first acquisition in the Texas Panhandle Field, and the firm seeks further opportunities in core U.S. regions. The fund targets equity investments of $25 million to $200 million.
Akin Gump Strauss Hauer & Feld served as legal counsel for the formation of Fund II. The success of the fundraising round indicates a strong vote of confidence in High River Resources, reflecting the market's faith in the firm's ability to deliver returns in the energy sector.
The managing partners of High River Resources are Robert Vaughn, Andrew Imel, and Perry Cunningham. Their leadership was credited with securing strong backing for this energy-focused private equity fund, which has raised approximately $205 million. The fundraising round has attracted new investors from across the country, further solidifying High River Resources' position in the industry.
In conclusion, the successful closing of High River Resources II, LP is a testament to the firm's strong leadership, strategic approach, and market appeal. The firm looks forward to continued growth and success in the energy sector.
The successful closure of High River Resources II, LP has raised approximately $205 million, demonstrating the fund's financial growth. The managing partners of the fund, Robert Vaughn, Andrew Imel, and Perry Cunningham, will oversee this financial growth within the energy-focused private equity fund.
