Encap Energy Capital Fund Xi, L.P.
EnCap Energy Capital Fund XI, L.P. is a private equity investment fund managed by EnCap Investments headquartered in Houston, Texas. The fund, established in 2016, is focused on the energy sector, particularly oil and gas, and is part of a series of large funds managed by EnCap for institutional and sophisticated investors. EnCap Investments L.P. is a leading private equity firm serving energy entrepreneurs and portfolio companies in North America. Exact employee count specific to Fund XI is not available, but EnCap Investments employs approximately 50-100 people firmwide.
Investment Strategy
EnCap Energy Capital Fund XI, L.P. targets investment opportunities in the North American energy sector, with a particular focus on upstream oil and gas exploration and production companies. The fund makes private equity investments in management teams with proven track records, leveraging EnCap's experience and sector relationships to support portfolio growth and value creation. The strategy typically involves majority or significant minority investments, focusing on operational improvements, disciplined capital management, and strategic exits.
Top Holdings
Equity Positions (3)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
F FANG | Diamondback Energy, Inc. | 37.52% | $383.2M | 2,789,263 | $137.40 | $137.40 | +$383.2M |
D DVN | Devon Energy Corp New | 36.76% | $375.6M | 11,806,148 | $39.12 | $31.81 | -$66.0M |
P PR | Permian Resources | 25.72% | $262.7M | 19,291,053 | $13.60 | $13.62 | -$4.4M |