Quantum Energy Collects $5.6 Billion

Quantum Energy Partners has amassed nearly $5.6 billion for a new fund, a record for the private-equity firm as it rapidly pours more money into the oil patch.

The Houston-based energy investor in July closed Quantum Energy Partners VII LP and its affiliate vehicles with $5.575 billion in capital commitments, above its $5.4 billion hard cap, said Wil VanLoh, Quantum’s founder and chief executive. The total amount raised includes a $750 million co-investment pool as well as commitments from the general partners, he said.

 

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Middle Fork buying QEP Uinta Basin Assets

Middle Fork Energy Partners LLC has agreed to buy oil and gas production, undeveloped acreage, and related assets in the Uinta basin from a subsidiary of QEP Resources Co. for $155 million.Both companies are in Denver.  Read more

Quantum, Former Encana Execs Launch Rockies-Focused E&P

Private equity heavyweight Quantum Energy Partners last week launched Rocky Mountain-focused Middle Fork Energy Partners LLC, co-founded by former Encana Corp. executives.

Denver-based Middle Fork, with initial capital commitments of $200 million-plus, is headed by CEO Christopher L. Valdez and Executive Chairman Jeffrey E. Wojahn.

Defying Oil Jitters, Quantum Holds $2.6 Billion First Close for Energy Fund

Defying oil-price jitters, Quantum Energy Partners collected about $2.6 billion from investors to cast new wagers on hydrocarbon-rich regions, said people familiar with the matter.

Quantum Energy Partners Announces the Formation of Middle Fork Energy Partners, LLC

May 24, 2017 – HOUSTON, TX – Quantum Energy Partners (“Quantum”), a leading energy private equity firm, is pleased to announce the formation of Middle Fork Energy Partners, LLC (“Middle Fork” or the “Company”) with its founders Christopher L. Valdez (“Valdez”) and Jeffrey E. Wojahn (“Wojahn”, and together with Valdez, the “Founders”). Quantum and members of the Middle Fork management team have collectively made initial capital commitments in excess of $200 million to the Company.