Investment Firm North Hudson Resource Partners Launches $275 Million Energy Credit Fund
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North Hudson Resource Partners, a Houston-based energy investment firm, has launched its inaugural credit fund, North Hudson Energy Credit Partners.
NH Energy Credit seeks to deploy $275 million of capital to support middle-market, North American onshore oil and gas production companies with senior secured loans to refinance existing debt, finance acquisitions, and fund development. NH Energy Credit will primarily provide senior secured loans between $20 and $50 million as well as flexible capital solutions for special situations.
“With the continued pullback by many capital providers in the oil and gas sector — in particular, commercial banks — we are pleased to be able to provide solutions for companies seeking to achieve their strategic objectives. The lack of capital available in the oil patch is even more acute for small and mid-sized operators, which is a serious impediment to responsible resource development,” said Mark Bisso, North Hudson’s managing partner.
“Our Houston-based team brings extensive technical and operational experience as well as expertise in structuring transactions and optimizing business plans. With our roots grounded in private equity, North Hudson seeks to bring a partnership mentality to each transaction and management team,” added Bisso.
About North Hudson Resource Partners
North Hudson Resource Partners is a Houston-based energy investment firm focused on opportunistic upstream and midstream energy investments in North America. With over $850 million of assets under management, North Hudson’s private equity platforms own both non-operated and operated oil and gas assets. Its current portfolio includes interests in over 4,500 wells primarily located in the Permian Basin, DJ Basin, San Juan Basin, and Haynesville Shale.
To stop by North Hudson’s website, CLICK HERE
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