Warwick Energy Group
Warwick Energy Group is the largest platform of Warwick Group, an alternative asset private equity firm. The firm has approximately $2 billion in managed assets and has completed over 1,000 transactions since inception. Warwick invests its own capital alongside its partners' capital. Warwick was founded in 2010 and is a premier provider of private equity capital in the US upstream energy, renewable energy and real estate industries.
Current investments of note include ownership of the largest private company in the core of the STACK and SCOOP oil and gas fields in Oklahoma, and an interest in the Eagle Ford Shale oil field in Karnes and Live Oak Counties, Texas. Previous divestitures include assets located in the Midland Basin in Texas, the Powder River Basin in Wyoming, the Fayetteville Shale in Arkansas, the Delaware Basin in Texas and the Bakken Shale in North Dakota. Current Warwick Energy Group funds are focused on investment in low cost oil basins in Texas, New Mexico & Oklahoma.
Warwick has approximately 70 investment professionals. The company's technical staff includes industry veterans from global energy companies such as Continental Resources, Chesapeake Energy, EOG Resources, Devon Energy, Anadarko Petroleum, Chevron, and ConocoPhillips.
In June 2019, Warwick's CEO, Kate Richard was selected as EY's Entrepreneur Of The Year 2019 Southwest Award for FinTech & Financial Services
In January 2019, Warwick was featured by the Kayo Conference Series as one of the "Top 19 in 2019 - Buyout Funds Founded by Women."
In October 2018, Warwick's CFO, Brian Blad was named one of Oil & Gas Investor's "Forty Under 40 in Energy"
History
Warwick was founded in 2010 by CEO Kate Richard, a former investment banker with Goldman Sachs and energy investor for Serengeti Asset Management and MSD Capital, Michael Dell's private investment fund in New York. In 2013, Warwick invested capital of its first special purpose acquisition entity, Warwick Partners I, LLC.Investments
Below is a summary of Warwick's investment vehicles since its inception in 2010.Investment | Vintage Year | Focus Area |
Warwick Partners I, LLC | 2013 | Permian Basin, Mid-Continent basins |
Warwick Partners II, LLC | 2014 | Eagle Ford Shale, Mid-Continent basins |
Warwick Partners III, L.P. | 2015 | SCOOP, STACK, Permian Basin, Eagle Ford Shale, Fayetteville Shale |
Royalties Joint Venture | 2015 | Permian Basin, Mid-Continent basins |
Warwick Partners IV, L.P. | 2019 | Delaware Basin, Midland Basin and Eagle Ford Shale |
Activities
- In 2010, Warwick Energy Group, LLC was founded in New York.
- In 2013, Warwick invested the capital of Warwick Partners I LLC in the Permian Basin of Texas, the Mid-Continent Basins of Oklahoma and Arkansas, the Powder River Basin of Wyoming, and the DJ Basin of Colorado.
- In 2014, Warwick invested the capital of Warwick Partners II LLC in oil and gas and midstream interests in the Eagle Ford Shale of South Texas. That same year, Warwick entered into a joint venture through which it acquired oil and gas mineral and royalty assets for direct investor ownership on behalf of family offices and US & international pension funds.
- In May 2015, Warwick Energy Investment Group, LLC, an affiliate of Warwick, became a registered Investment Adviser with the U.S. Securities and Exchange Commission.
- In August 2015, Warwick announced its first closing and commenced capital deployment for Warwick Partners III, L.P., a discretionary private investment fund.
Strategy
Warwick invests heavily in data science and software technologies to explore profitable opportunities and expand acreage positions quickly. The company has hired data scientists and software developers from Silicon Valley to build big data capabilities and predictive models.