Invictus Energy, LLC (“Invictus” or the “Company”) today announced a
$150 million equity commitment from Kayne Anderson Energy Funds (“Kayne
Anderson”) and members of the management team. Invictus is being formed
to pursue lease and drill opportunities in North America.
Invictus is a newly formed independent oil and gas company headquartered
in Houston, Texas. The Invictus management team is led by Kevin Green,
President and CEO; Elliott Hough, Chief Operating Officer; Robert
Estrada, Chief Financial Officer; and Jon Moreland, Vice President of
Land. Management has extensive technical and operational experience
across several North American basins. Prior to forming Invictus, members
of management most recently served in senior leadership positions at
both Rosetta Resources and ConocoPhillips.
Invictus’ President and CEO, Kevin Green, commented, “We are thrilled at
the opportunity to partner with a like-minded, technically focused
equity provider in Kayne Anderson, who has a consistent and successful
track record partnering with management teams in the energy space.”
David Habachy, Managing Director at Kayne Anderson, commented, “We look
forward to forming a partnership with a highly talented management team
and are excited for Invictus to begin capitalizing on attractive
opportunities in the current environment using the unique knowledge and
insight management has developed through its extensive industry
Headquartered in Houston, Texas, Invictus will pursue leasehold
opportunities with scalable development upside. The Company will
consider opportunities throughout select North American basins with an
initial focus on the Eagle Ford and Permian Basin.
About Kayne Anderson
Kayne Anderson Capital Advisors, L.P. (“Kayne”), founded in 1984, is a
leading independent alternative investment management firm focused on
niche investing in upstream oil and gas companies, energy
infrastructure, specialized real estate, middle market credit, growth
private equity and distressed municipal opportunities. Kayne’s
investment philosophy is to pursue niches, with an emphasis on cash
flow, where its knowledge and sourcing advantages enable it to deliver
above average, risk-adjusted investment returns. Kayne manages over $20
billion in assets (as of 12/31/2015) for institutional investors, family
offices, high net worth and retail clients, and employs 300
professionals in eight offices across the United States.
Through Kayne Anderson Energy Funds, the firm has raised over $5 billion
of committed capital dedicated to energy private equity investments,
primarily in upstream and midstream oil and gas companies. Currently,
the firm has over 30 active portfolio companies focused on upstream and
midstream oil and gas assets across North America.
The firm is headquartered in Los Angeles, with offices in Houston, New
York City, Chicago, Denver, Dallas, Atlanta and Boca Raton. For more
information, please visit www.kaynecapital.com.
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