EnCap Flatrock Midstream

EnCap Flatrock Midstream is a private equity firm focused exclusively on providing growth capital to proven management teams building midstream energy infrastructure businesses across North America. The firm targets companies in the natural gas, natural gas liquids, and crude oil gathering, processing, transportation, and storage sectors, committing $25 million to $75 million of equity per transaction in early-stage to mid-stage midstream platform companies. Transaction types include formation capital financings, growth equity investments, and expansion capital for businesses developing midstream infrastructure in key producing basins. EnCap Flatrock Midstream was formed through a partnership between EnCap Investments L.P. and Flatrock Energy Advisors, LLC, combining EnCap's upstream energy investment track record with Flatrock's deep midstream operational expertise. The firm manages five funds with approximately $10 billion in total capital commitments from institutional investors, deploying capital with an emphasis on rigorous technical underwriting and active portfolio engagement. Founded in 2008, the firm is headquartered in San Antonio, Texas, United States, with additional offices in Oklahoma City and Houston.