Iron Horse is backed by significant capital commitments from EnCap Flatrock Midstream, NGP Energy Capital Management, and Cardinal Midstream management.
Established in 2008 by Flatrock Energy Advisors, LLC, and EnCap Investments L.P. EnCap Flatrock provides value-added growth capital to proven management teams focused on midstream infrastructure opportunities across North America. Based in San Antonio with offices in Oklahoma City and Houston, the firm manages investment commitments of nearly $9 billion from a broad group of prestigious institutional investors. EnCap Flatrock Midstream is currently making commitments to new management teams from EFM Fund IV, a $3.25 billion fund.
The team at EnCap Flatrock offers a wide array of value-added skills designed to effectively meet the capital requirements of the midstream sector: deep industry expertise, significant operating experience, outstanding technical skills, industry recognition, contacts, financial sophistication and a demonstrated track record of successful investing.
Founded in 1988, NGP has a family of private equity investment funds with $20 billion of cumulative equity commitments organized to make direct equity investments in the energy industry. NGP invests where there is a clear match between a management team’s growth strategy and NGP’s unique sponsorship capabilities. NGP understands the dynamics of investing in a commodity business and works to support its portfolio companies as their growth strategy is executed.
The strength of the firm lies in establishing relationships with “owner-managers” who see the mutual advantage of having an active sponsor and then financing that management team.
Since 1988, NGP has invested in over 360 transactions with over 210 companies. NGP’s investment team offers a depth of experience supporting management teams to reach their goals while generating attractive returns for its investors.