{"id":26521,"date":"2011-12-19T10:29:22","date_gmt":"2011-12-19T15:29:22","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=26521"},"modified":"2011-12-19T10:29:22","modified_gmt":"2011-12-19T15:29:22","slug":"falcon-ep-opportunity-fund-closes-above-163-million","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2011\/falcon-ep-opportunity-fund-closes-above-163-million.html","title":{"rendered":"Falcon E&#038;P Opportunity Fund Closes Above $163 Million"},"content":{"rendered":"<p>Falcon E&amp;P Opportunities GP, LLC (&#8220;Falcon&#8221;), a company specializing in direct onshore oil and gas investments, today announced that its Falcon E&amp;P Opportunities, Fund, L.P. had a final close with\u00a0$163.2 million\u00a0in capital commitments. Falcon is a joint venture between PetroCap and HCMS Falcon, L.P., an affiliate of Highland Capital Management, L.P. (&#8220;Highland&#8221;).<\/p>\n<p>The Falcon E&amp;P Opportunities Fund, L.P. has a unique investment strategy designed to generate both current income and long-term capital appreciation by making direct investments in onshore oil and gas assets. The fund has already returned approximately 10% of current capital calls through quarterly distributions to their investors and has so far committed over\u00a0$60 million\u00a0in acquiring oil and gas properties in\u00a0Texas,\u00a0Kansas, and\u00a0Wyoming.<\/p>\n<p>&#8220;We are bullish on gas and oil long term, as the supply and demand fundamentals are skewed to the upside,&#8221; said\u00a0Doug Evans, Managing Director for Falcon and a Principal at PetroCap. &#8220;However, we have an active hedge program in place to provide downside protection.&#8221;<\/p>\n<p>&#8220;We continue to see attractive opportunities to partner with independent operators to grow their current projects or make acquisitions,&#8221; said\u00a0Lane Britain, Managing Director for Falcon and Partner at Highland.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Falcon E&amp;P Opportunities GP, LLC (&#8220;Falcon&#8221;), a company specializing in direct onshore oil and gas investments, today announced that its Falcon E&amp;P Opportunities, Fund, L.P. had a final close with\u00a0$163.2 million\u00a0in capital commitments. Falcon is a joint venture between PetroCap [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-26521","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=26521"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26521\/revisions"}],"predecessor-version":[{"id":26522,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26521\/revisions\/26522"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=26521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=26521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=26521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}