North Hudson Closes Inaugural Fund with Approximately $300 million of Equity Commitments
September 30, 2020 – North Hudson Resource Partners LP (“North Hudson”) announced that it held its final closing on its inaugural private equity fund, North Hudson Resource Partners Fund I LP (together with its co-invest funds, “Fund I”), with total capital commitments of $296 million. North Hudson is a Houston-based private equity firm focused on acquiring middle-market upstream and midstream energy assets in North America.
“We are thankful for the support from our investing partners” said Mark Bisso, Managing Partner. “The North Hudson team brings extensive experience to source, analyze, execute and manage investments to generate attractive risk-adjusted investment returns. We are excited by the opportunities to deploy capital in what we view as an attractive investment environment.”
North Hudson’s founding investment team is comprised of seasoned oil and gas veterans that have over 150 years of collective energy investment experience. Fund I will seek investments in the upstream and midstream energy sectors utilizing its in-house expertise and partnerships with top-tier management teams to identify and acquire oil and gas assets in the core areas of its target basins.
Limited partners in Fund I include university endowments, financial institutions, fund-of-funds, family offices, and high-net-worth individuals. Capstone Partners acted as North Hudson’s placement agent and Kirkland & Ellis served as legal counsel.
For more information on North Hudson, please visit www.northhudsonrp.com.
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