BLACKGOLD CAPITAL MANAGEMENT LP
BLACKGOLD CAPITAL MANAGEMENT LP is a Series C+, other and debt fund in the US investing in Climate, natural-resources, oilfield-services, refining-and-marketing, pipelines-midstream, utilities, shipping, chemicals, metals, mining, general-industrials, alternative-energy, coal, environmental, transportation, consumer-product, real-estate and exploration-and-production.
- Stages
- Series C+, other, debt
- Sectors
- Climate, natural-resources, oilfield-services, refining-and-marketing, pipelines-midstream, utilities, shipping, chemicals, metals, mining, general-industrials, alternative-energy, coal, environmental, transportation, consumer-product, real-estate, exploration-and-production
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2006
- Assets under management
- $1.2B
- Website
- blackgoldcap.com
Check size not disclosed
Thesis
BlackGold Capital Management LP is an alternative investment firm focused on the energy industry. The firm invests in cash flow producing assets across the entire capital structure, primarily in the United States. BlackGold employs a deep fundamental research-driven approach to analyzing energy assets and capital structures, providing debt and equity capital. The firm focuses on private markets and businesses such as pipelines/energy infrastructure, quality minerals investments, and private credit or structured equity. BlackGold has deployed over $8 billion of capital since its inception. As of December 31, 2025, BlackGold Capital Management LP had approximately $133 million in discretionary regulatory assets under management. Other sources state that Blackgold Capital Management has approximately $1.2 billion in total assets under management (AUM).
Common questions
Does BLACKGOLD CAPITAL MANAGEMENT LP invest at the Series C+ stage?
Yes. BLACKGOLD CAPITAL MANAGEMENT LP lists Series C+, other and debt among the stages it invests in.
Where does BLACKGOLD CAPITAL MANAGEMENT LP invest?
BLACKGOLD CAPITAL MANAGEMENT LP invests in the US.