Andros Capital Partners
Targeting private equity investments, credit opportunities and direct asset-level investments across the energy sector
Flexible Investment Mandate + Extensive Industry Operating Experience
Andros Capital Partners is a private investment firm based in Houston, Texas. Andros combines flexible, long-duration capital with an opportunistic investment mandate, leveraging a proven track record of building, operating and monetizing assets across the energy value chain. The firm’s deep experience evaluating and transacting on energy and infrastructure assets provides a fundamental understanding of technical challenges, market opportunities and ultimate value drivers at the asset level.
Andros leverages its deep sector-specific expertise to build sustainable businesses with durable cash flows in partnership with talented entrepreneurs and to structure and scale investments based on the needs of energy companies. The firm is primarily focused on middle market transactions, each requiring between $25 and $200 million of equity, with an ability to make much larger commitments with co-investment from its limited partners.
Andros targets both control and minority equity investments in early and growth-stage energy ventures. We partner with talented entrepreneurs focused on building innovative upstream, midstream and energy technology companies with attractive risk-return profiles.
The Andros credit opportunities platform focuses on dislocated assets and distressed situations in the energy sector. The firm provides structured capital solutions to both public and private companies through preferred equity or debt instruments. These highly customizable solutions are designed to address specific needs across the corporate capital structure or at the asset level, enabling our partners to advance their strategic goals and objectives.
Asset Acquisition & Development
Andros is an active acquirer of both producing and undeveloped leasehold, working interests, mineral and royalty interests and midstream infrastructure assets. The firm leverages its technical expertise and operating experience to invest in high-quality assets across multiple domestic basins.
Phillip A. Gayle, Jr – Founder & Managing Partner
Mr. Gayle is the Founder and Managing Partner of Andros Capital Partners and Chairman of the firm’s Executive and Investment Committees. Prior to founding Andros, Mr. Gayle was Co-Founder and Managing Partner of Millennial Energy Partners, an oil and gas investment firm and asset manager, where he served as a Member of the Investment Committee and as President of the firm’s various managed investment vehicles and operating subsidiaries. Prior to Millennial, Mr. Gayle served as Vice President of Business Development for Central Crude, Inc. where he managed commercial, land and business development functions for the company’s upstream and midstream operations. Mr. Gayle currently serves on the board of directors of Samson Resources II, LLC and as Chairman of the Audit Committee. He holds a B.B.A. in Management and Entrepreneurship from Louisiana State University.
Gregory A. Beard – Senior Advisor
Mr. Beard is a Senior Advisor of Andros Capital Partners and Member of the firm’s Investment Committee. Prior to Andros, Mr. Beard was a Senior Advisor and former Global Head of Natural Resources, Senior Partner and Member of the Management Committee at Apollo Global Management, having joined the Firm in 2010. Mr. Beard oversaw all investment activities in the energy, metals and mining and agriculture sectors. During Mr. Beard’s tenure with the firm, Apollo private equity funds invested or committed to invest approximately $11 billion in natural resources related investments. Previously, Mr. Beard was at Riverstone Holdings, an energy-focused private equity firm, as a founding Member and Managing Director. He began his career as a Financial Analyst at Goldman Sachs, where he played an active role in energy-sector principal investment activities. Mr. Beard currently serves on the board of directors of The Conservation Fund. He holds a B.A. from the University of Illinois at Urbana.