DALLAS – Edge Natural Resources LLC (“Edge”), a Dallas-based private equity firm formed to make small-cap investments in the North American energy industry, today announced its formal launch. Edge is led by a group of former executives of Natural Gas Partners (“NGP”) consisting of Roy Aneed, most recently Managing Director at NGP; Jesse Bomer, most recently General Counsel at NGP; Stacie Moore, most recently Chief Accounting Officer at NGP; and Oscar Pate, most recently Senior Associate at NGP.
Edge will focus on making small-cap equity investments in the North American energy industry in partnership with best-in-class management teams that have an edge in their particular area of focus. Edge plans to make growth equity investments requiring $30-75 million of sponsor capital in the upstream and oilfield services sectors.
Commenting on the formation, Mr. Aneed said, “We are thrilled to bring this team’s comprehensive skill set to bear on the underserved small-cap energy space. The Edge team will leverage its deep industry relationships and apply its significant experience to focus on an area of energy private equity that we think is full of compelling investment opportunities.”
The Edge team will be complemented by an Industry Advisory Board consisting of a diverse set of energy industry veterans who will bring a wealth of knowledge, experience and business networks to the venture.