BLACK BAY PARTNERS, LLC
BLACK BAY PARTNERS, LLC is a Series A and Series C+ fund in the US writing $1M+ checks into Climate, chemicals, industrial-sectors, oil-gas-services, energy-transition-technologies, industrial-chemicals and machinery-b2b.
- Stages
- Series A, Series C+
- Sectors
- Climate, chemicals, industrial-sectors, oil-gas-services, energy-transition-technologies, industrial-chemicals, machinery-b2b
- Check size
- $1M+
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2016
- Assets under management
- $850M+
Thesis
Black Bay Partners, founded in 2016 and headquartered in New Orleans, is a private equity firm specializing in growth capital for businesses in the energy, chemical, and industrial sectors. Their investment thesis centers on companies with innovative products and services that reduce costs, enhance operations, and promote sustainability. The firm targets opportunities across the North American energy value chain, including oil & gas services and energy transition technologies. Black Bay Partners emphasizes building deep partnerships with entrepreneurial management teams, believing this approach drives superior returns. The firm has raised over $850 million across three funds, with its latest fund, Black Bay III, L.P., closing at $425 million in January 2026. The minimum investment commitment for fund investors is typically $1.0 million.
Common questions
Does BLACK BAY PARTNERS, LLC invest at the Series A stage?
Yes. BLACK BAY PARTNERS, LLC lists Series A and Series C+ among the stages it invests in.
What check size does BLACK BAY PARTNERS, LLC write?
BLACK BAY PARTNERS, LLC writes $1M+ checks.
Where does BLACK BAY PARTNERS, LLC invest?
BLACK BAY PARTNERS, LLC invests in the US.