Pearl Energy Investments wraps up third fund at $705m

Based in Dallas, Pearl invests in the lower to middle-market North American energy industry.

  • Pearl typically targets equity investments of $25 million to $150 million
  • The firm has led investments requiring in excess of $400 million
  • Founded in 2015, Pearl has $1.9 billion of committed capital under management

Pearl Energy Investments has closed its third fund at $705 million.

Based in Dallas, Pearl invests in the lower to middle-market North American energy industry.

“We are thankful for the trust and support of our investors,” said Billy Quinn, Managing Partner of Pearl. “In what has been a challenging time for traditional energy, the Pearl team’s disciplined investment approach has allowed us to make significant distributions to our investors over the past several years. We are humbled that our diverse group of existing and new investors has entrusted us to steward their capital and will work diligently to continue to generate excellent risk-adjusted returns.”

Founded in 2015, Pearl has $1.9 billion of committed capital under management. Pearl typically targets equity investments of $25 million to $150 million, and has led investments requiring in excess of $400 million.