Increased Capital Collection for High River Resources Reaches $205 Million Mark
High River Resources II, LP Closes Successfully with $205 Million
High River Resources II, LP, the second fund from High River Resources Management, has recently closed after raising approximately $205 million. This figure surpasses the fund's target by an impressive 35%.
The success of High River Resources II, LP is a testament to the strength of the team and operating company, according to Managing Partners Robert Vaughn, Andrew Imel, and Perry Cunningham. They expressed their gratitude for the support from existing and new investors across the country.
High River Resources focuses on acquiring and optimizing high-quality oil and gas assets in the U.S., targeting equity investments from $25 million to $200 million, with potential for larger co-investments. The firm's first acquisition from Fund II was completed in the Texas Panhandle Field.
Looking ahead, High River Resources will seek further acquisition opportunities in core U.S. regions. Akin Gump Strauss Hauer & Feld served as legal counsel for the formation of High River Resources II, LP.
The fund received strong backing from institutional investors, registered investment advisors, and family offices. High River Resources II, LP's success positions the company to build on its prior successes in a dynamic energy market.
[1] Source for the information about the legal counsel for the formation of High River Resources II, LP.
- The successful closure of High River Resources II, LP with $205 million signifies a significant achievement in finance, surpassing the fund's target by 35%.
- With the success of High River Resources II, LP, the company, focused on oil and gas assets, is now well-positioned to build on previous successes in the dynamic energy market, attracting backing from institutional investors, registered investment advisors, and family offices.
