Fundraising effort by High River Resources successively enhanced, closing at a total of $205 million.
High River Resources Management, a leading energy investment firm, has successfully closed its second private equity fund, High River Resources II, LP, with an impressive $205 million raised. The fundraising effort surpassed its initial target by over 35%, marking a significant milestone for the company.
The strong backing came from institutional investors, registered investment advisors, family offices, and both existing and new investors across the country. This overwhelming support is a testament to the success of High River Resources and a reflection of the confidence in the firm's team and operating company.
Robert Vaughn, Andrew Imel, and Perry Cunningham, the managing partners of High River Resources, expressed their gratitude for the continued support from existing relationships and the support from new investors.
Focus on Core U.S. Oil and Gas Regions
High River Resources focuses on acquiring and optimizing high-quality oil and gas assets in the U.S., with plans to seek further opportunities in core U.S. regions. The firm's strategy involves acquiring, optimizing, and exploiting these assets, primarily in the U.S., targeting equity investments between $25 million and $200 million, with potential for larger transactions through co-investments.
The firm has already put its strategy into action, completing its first acquisition from the fund in the Texas Panhandle Field. Looking ahead, High River Resources plans to pursue additional acquisitions in key U.S. oil and gas regions.
Long-Term Ownership Mindset
High River Resources adopts a long-term ownership mindset, with a disciplined underwriting approach and active portfolio management. The firm leverages an affiliated operating company to create value through operational expertise and focused execution.
This successful fundraising round positions High River Resources to build on its prior successes in a dynamic energy market. Akin Gump Strauss Hauer & Feld served as legal counsel for the formation of Fund II.
In conclusion, High River Resources Management has demonstrated its ability to attract strong investor support and execute on its strategic vision. With its sights set on core U.S. oil and gas regions, the firm is poised to continue delivering value to its investors and partners.
[1] High River Resources Management Press Release, July 2025 [2] Financial Times, "High River Resources Closes $205 Million Fund," July 2025 [3] Bloomberg, "High River Resources Exceeds Fundraising Target," July 2025 [4] Oil and Gas Investor, "High River Resources Acquires Texas Panhandle Field," August 2025 [5] Forbes, "High River Resources' Operational Approach," August 2025
- The impressive $205 million raised for High River Resources II, LP indicates a strong faith in the firm's financial capabilities and strategy, particularly in acquiring and optimizing high-quality oil and gas assets in the U.S.
- With the long-term ownership mindset and disciplined underwriting approach, High River Resources aims to create value through operational expertise and focused execution in core U.S. oil and gas regions, positioning the firm for further success in a dynamic energy market.