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ENCAP INVESTMENTS L.P.

ENCAP INVESTMENTS L.P. is a Series C+ fund in the US writing $200M–$1B checks into Healthcare and oil-&-gas.

Stages
Series C+
Sectors
Healthcare, oil-&-gas
Check size
$200M–$1B
Invests in
US-wide
Founded
1988
Assets under management
$47B

Thesis

ENCAP Investments is a private equity firm specializing in the energy industry, focusing on oil & gas, midstream infrastructure, and energy transition opportunities. Founded in 1988 and headquartered in Houston, Texas, ENCAP has raised over $47 billion in capital across more than 25 institutional investment funds. The firm provides growth capital to experienced management teams in the independent energy industry, partnering with them to build successful companies. ENCAP invests across three main verticals: Upstream (EnCap Energy Capital funds), Midstream (EnCap Flatrock Midstream), and Energy Transition. ENCAP typically commits $200-$300 million, with the potential for up to $1 billion with co-invest money from EnCap LPs. The firm emphasizes capital preservation and value creation, integrating ESG factors into its investment process.

Common questions

Does ENCAP INVESTMENTS L.P. invest at the Series C+ stage?

Yes. ENCAP INVESTMENTS L.P. lists Series C+ among the stages it invests in.

What check size does ENCAP INVESTMENTS L.P. write?

ENCAP INVESTMENTS L.P. writes $200M–$1B checks.

Where does ENCAP INVESTMENTS L.P. invest?

ENCAP INVESTMENTS L.P. invests in the US.

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