NGP overview
Stories about NGP
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.
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.
NGP raises $348m for second energy tech fund
The tech-focused affiliate of Natural Gas Partners has more than doubled the size of its prior fund, which backed companies including turbine maker TPI Composites.
NGP closes $4bn fund, opens in London
The energy-focussed US firm has surpassed the target for its ninth buyout fund by $1 billion and launched a London office to support its investment activities.
NGP contact information
Offices
2850 N. Harwood Street, 19th Floor, Dallas, 75201, United StatesContacts
| Name | Job title | Location | |
|---|---|---|---|
Key Contact Ms. Sarah James | Job titlePartner, Investor Relations | LocationDallas, United States | Email  ----------- |
| Key ContactMr. Brian Patterson | Job titlePartner, Investor Relations | LocationDallas, United States | Email ---------- |
| Key ContactMr. Kevin Sirchia | Job titleSVP, Investor Relations | LocationDallas, United States | Email ------ |
| Mr. Philip Deutch | Job titleCo-Head, Energy Transition and Partner of NGP and Chief Executive Officer of NGP ETP III | LocationDallas, United States | Email ------- |
NGP funds managed
Funds in market: 3
| Fund | Fund size | Open date | Strategy |
|---|---|---|---|
Fund size ------ | Open dateMay 2026 | Strategy -------- | |
Fund size ------- | Open dateDec 2025 | Strategy ----------- | |
Fund size ------ | Open dateJul 2024 | Strategy ----------- | |
Closed funds: 28
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size ------- | Close dateAug 2024 | Strategy ----------- | |
Fund size ----------- | Close dateMay 2023 | Strategy ----- | |
Fund size ------ | Close dateApr 2023 | Strategy --------- | |
Stories that mention NGP
Carlyle’s Schwartz: 'We are not pleased with our first-quarter results'
The buyout giant’s new chief executive plans to instil more discipline around operations, noting 'we are not going to rush', according to the firm's Q1 earnings call.
CenterOak boosts investment and operations teams
The three hires follow the final close of the Texas-based private equity firm’s debut fund at its $420 million hard-cap in August.
Carnelian’s debut fund closes on hard cap
Carnelian Energy Capital closed its inaugural fund on its hard cap of $400m, which will go towards the lower and middle market energy sector.
Carlyle commits $500m to India-focused Magna Energy
The equity will come from the $2.5billion Carlyle International Energy Partners fund which closed in March
Chart of the Week: Proportion of top 10 funds
The proportion of total capital raised by the largest ten funds has increased in Q1 2015.
Carlyle closes international energy fund on $2.5bn
The US buyout firm, which started marketing the fund in mid-2013 with a target of $1.5bn, has enlisted support from 160 investors
Energy & Minerals Group invests $500m in energy co.
The investment will spur minerals acquisitions and overriding royalty interests
Louisiana Teachers’ commits $350m to private equity
Hamilton Lane will allocate to five funds on behalf of the pension