BlackGold Capital Management

BlackGold Capital Management LP is a privately owned investment firm based in Houston, Texas, founded in 2006 by Erik Dybesland and Adam Flikerski. The firm specializes in providing equity and debt financing, focusing primarily on the energy sector and natural resources industries. BlackGold manages client-focused portfolios through hedge funds and employs fundamental analysis, utilizing both bottom-up and top-down stock picking strategies. Its investment approach incorporates a blend of in-house and external research, targeting companies involved in exploration and production, oilfield services, refining, pipelines, utilities, shipping, chemicals, metals, mining, alternative energy, and coal. The firm also serves a diverse client base that includes family offices, insurance companies, hospitals, pensions, endowments, and foundations. Notably, KKR & Co. holds a minority interest in BlackGold, reinforcing its position within the investment landscape.