NGP related stories
All articles and analysis
PSERS commits over $200m to private equityThe Pennsylvania Public School Employees’ Retirement System has approved allocations to buyout, energy, and Asia funds.
- The 2013 PEI 300: Money and power
Energy-focused firms continue to see strong demand from investors, with four firms making this year’s top 20.
- Friday Letter The pros and cons of LP conservatism
For investors in private equity there’s a fine line between making sure your managers stick to their investment mandate on the one hand, and giving them the freedom to invest opportunistically to generate superior returns on the other.
- NGP bets on offshore oil and gas
Natural Gas Partners has created its third offshore oil and gas company under the “Northstar” brand after selling its previous two offshore businesses for a combined $466m.
- NGP explores ‘adaptation’ strategy in Fund X
The firm, which has closed its tenth fund on $3.58bn, has a small allocation to explore opportunities in water resources and agriculture that tie back into its core strategies.
- NGP sells stake to Carlyle
The energy-focused firm, led by Ken Hersh, has sold a minority stake to help build a ‘sustainable’ franchise model to ensure the future stability of NGP.
- NGP nears $3.5bn close
The energy-focused firm is set to close its Fund X by the end of the month, having aborted attempts to raise a separate vehicle for a water resources and agriculture-focused strategy.
- KKR brings in co-investors for $7.2bn deal
Kohlberg Kravis Roberts has brought in reinforcements including Japanese trading house Itochu as it closes in on a $7.2bn acquisition of oil and natural gas explorer Samson Investment Company.
- NGP picks up $100m from Oregon
NGP’s previous nine funds have generated a net IRR of 22%, influencing the $75bn pension fund’s commitment to NGP Natural Resources X.
- NGP prepares to hit the market for $4bn Fund X
The Texas-based firm wanted to raise a separate vehicle that would have targeted water resources, food and agriculture – areas affected by climate change – but lack of LP support caused NGP to roll the strategy into the main fund.