Sabinal Energy Receives $300 Million Equity Commitment from Kayne Private Energy
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Sabinal Energy, LLC has received a $300 million equity commitment from Kayne Private Energy Income Fund, L.P. and members of the management team.
“We are excited to be partnering with Kayne. We believe that our team’s broad technical and operational experience alongside the technical and financial expertise of Kayne Anderson will provide an exceptional opportunity to take advantage of the current market environment,” said President and CEO Bret Jameson.
“Bret and his team have an excellent track record of leading large teams and managing substantial producing assets. We are very pleased to be partnering with the Sabinal team,” said Danny Weingeist, managing partner at Kayne.
About Sabinal Energy
Founded in 2016, Sabinal is a privately held oil and natural gas exploration and production company based in The Woodlands, Texas. Sabinal is focused on the acquisition and development of large, long-life producing oil and gas assets primarily in the Rockies, Mid-Continent and Texas.
To stop by Sabinal’s website, CLICK HERE
About Kayne Anderson Capital Advisors
Kayne Anderson Capital Advisors, L.P., founded in 1984, is a leading alternative investment management firm focused on niche investing in upstream oil and gas companies, energy infrastructure, specialized real estate, middle market credit and growth private equity. Kayne Anderson’s investment philosophy is to pursue niches, with an emphasis on cash flow, where our knowledge and sourcing advantages enable us to deliver above average, risk-adjusted investment returns. Kayne Anderson manages approximately $21.5 billion in assets (as of June 30, 2016) for institutional investors, family offices, high net worth and retail clients and employs more than 300 professionals in eight offices across the United States. The firm is headquartered in Los Angeles with offices in Houston, New York City, Chicago, Denver, Dallas, Atlanta and Boca Raton.
To stop by Kayne’s website, CLICK HERE
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