Pine Brook Road Partners, LLC is a private equity and venture capital firm established in 2006, headquartered in New York, with an additional office in Houston. The firm specializes in early-stage and growth capital investments, primarily focusing on the energy and financial services sectors. In the energy sector, Pine Brook invests in oil and natural gas exploration and production, oilfield services, and renewable energy, including nuclear and hydroelectric power generation. In financial services, the firm targets fintech, commercial banking, specialty insurance, and reinsurance, with particular attention to cyclical opportunities arising from market constraints. Pine Brook typically commits equity capital ranging from $100 million to $500 million and prefers to take majority stakes in its investments. The firm aims to support the internal growth, acquisitions, and product development of newly-formed or established businesses, with a global investment strategy that emphasizes capital-intensive industries, particularly in the Alberta region.
Better Holdco, Inc. is a digital mortgage lending company based in New York that offers a streamlined online platform for residential clients in multiple states across the U.S. Founded in 2016, Better.com focuses on providing a transparent and efficient home-financing experience by eliminating commissions, fees, and traditional branch appointments. The company offers a variety of mortgage options, including fixed and adjustable rates for conventional and jumbo loans, as well as refinancing services. In addition to mortgage lending, Better.com features a digital marketplace that provides competitive quotes from various insurance providers and connects clients with leading real estate agents. Since its inception, Better.com has facilitated $7.9 billion in home loans and $1 billion in insurance, aiming to democratize access to home financing.
Better Holdco, Inc. is a digital mortgage lending company based in New York that offers a streamlined online platform for residential clients in multiple states across the U.S. Founded in 2016, Better.com focuses on providing a transparent and efficient home-financing experience by eliminating commissions, fees, and traditional branch appointments. The company offers a variety of mortgage options, including fixed and adjustable rates for conventional and jumbo loans, as well as refinancing services. In addition to mortgage lending, Better.com features a digital marketplace that provides competitive quotes from various insurance providers and connects clients with leading real estate agents. Since its inception, Better.com has facilitated $7.9 billion in home loans and $1 billion in insurance, aiming to democratize access to home financing.
Brigham Minerals, Inc. is a mineral acquisition company that specializes in acquiring oil and gas mineral rights across various unconventional shale plays in the United States. The company primarily focuses on regions such as the Permian Basin in West Texas and New Mexico, the South Central Oklahoma Oil Province, the Denver-Julesburg Basin in Colorado, and the Williston Basin in North Dakota. As of the end of 2019, Brigham held interests in approximately 57,800 net mineral acres and owned rights in nearly 5,000 productive horizontal wells, predominantly oil wells. With a strong reputation among landowners, the company employs experienced professionals who assess and evaluate mineral interests, allowing them to make competitive offers. Brigham Minerals is well-capitalized, enabling it to close transactions swiftly, typically within 30 days of an agreement. Founded in 2012, the company is headquartered in Austin, Texas.
ATX Energy Partners is a privately held oil and gas company focused on using advanced technologies to identify and develop unconventional, liquids rich resource plays. Headquartered in Austin, Texas, ATX was founded by the former management team members from Brigham Resources, LLC following the company’s sale of substantially all of its southern Delaware Basin assets to diamondback energy for $2.55 billion. At the time of the sale to Diamondback in February 2017, Brigham Resources was producing 8,500 Boe per day from its 80,185 net acres located in Pecos and Reeves counties, Texas. Their management team has a long history of identifying, acquiring, delineating and developing early stage domestic resource plays. Prior to forming Brigham Resources, a subset of their management team oversaw the identification, acquisition, delineation and development by Brigham Exploration Company of approximately 375,000 net acres in the Williston Basin prior to its December 2011 sale to Statoil ASA for $4.4 billion. At present, ATX is evaluating resource opportunities in the U.S. Lower 48. Historically, the team has focused on early stage “frontier” opportunities that lack meaningful horizontal drilling validation, but would also consider partially delineated opportunities that have yet to fully benefit from an optimal drilling and completion formula. Going back to work in the Permian Basin and/or the Williston Basin would be two obvious alternatives, given the ATX team’s success in both of those basins. ATX is also currently evaluating opportunities in selected basins in the Rockies.
Trinitas Capital Management, LLC, founded in 2015 and based in Dallas, Texas, is a credit-focused investment management firm specializing in debt investments across North America. The firm primarily invests in senior secured bank loans and emphasizes collateralized loan obligation (CLO) issuance and management. Trinitas engages in various activities including loan acquisition, loan origination, credit analysis, portfolio management, trading, and CLO deal structuring and compliance. Through its strategic focus on these areas, Trinitas aims to provide effective investment solutions in the banking sector.
Triumph Capital Advisors
Acquisition in 2017
Triumph Capital Advisors, based in Dallas, Texas, is a credit-focused investment management firm, with emphasis on managing syndicated bank loans. Its team of talented professionals has deep experience in investing in and managing bank loans, loan acquisition, loan origination, credit analysis, portfolio management, trading, collateralized loan obligation (CLO) investing, and CLO deal structuring and compliance. Triumph Capital Advisors has approximately $2.1 billion of assets under management. Triumph Capital Advisors is a member of the Triumph Bancorp, Inc. group (NASDAQ: TBK). Headquartered in Dallas, Texas, Triumph Bancorp operates a portfolio of community banking, commercial finance and asset management companies serving individuals and enterprises in markets throughout the United States.
Admiral is a privately held exploration and production company focused on the acquisition and development of oil and gas properties in the Permian Basin. Admiral's strategy is to use leading edge technologies to identify and develop oil rich resource properties. Its experienced management team has a proven track record in the oil and gas industry, predominantly in the Permian Basin, and is focused on maximizing value. Admiral is headquartered in Midland, Texas with offices in Austin, Texas.
Better Holdco, Inc. is a digital mortgage lending company based in New York that offers a streamlined online platform for residential clients in multiple states across the U.S. Founded in 2016, Better.com focuses on providing a transparent and efficient home-financing experience by eliminating commissions, fees, and traditional branch appointments. The company offers a variety of mortgage options, including fixed and adjustable rates for conventional and jumbo loans, as well as refinancing services. In addition to mortgage lending, Better.com features a digital marketplace that provides competitive quotes from various insurance providers and connects clients with leading real estate agents. Since its inception, Better.com has facilitated $7.9 billion in home loans and $1 billion in insurance, aiming to democratize access to home financing.
Better Holdco, Inc. is a digital mortgage lending company based in New York that offers a streamlined online platform for residential clients in multiple states across the U.S. Founded in 2016, Better.com focuses on providing a transparent and efficient home-financing experience by eliminating commissions, fees, and traditional branch appointments. The company offers a variety of mortgage options, including fixed and adjustable rates for conventional and jumbo loans, as well as refinancing services. In addition to mortgage lending, Better.com features a digital marketplace that provides competitive quotes from various insurance providers and connects clients with leading real estate agents. Since its inception, Better.com has facilitated $7.9 billion in home loans and $1 billion in insurance, aiming to democratize access to home financing.
Brigham Resources is a privately held oil and gas company. Founded by Bud Brigham, Gene Shepherd and former management team members from Brigham Exploration Company following the company’s sale to statoil, Brigham Resources is focused on using advanced technologies to identify and develop unconventional liquids rich resource plays.
Cahill Services is a provider of rental services to customers in the oil & gas, refining, industrial, petrochemicals, utilities, and related industries where a high level of technical knowledge of the business and customer needs is required Cahill management includes George Walker, Chief Executive Officer; Derek Foster, Chief Financial Officer; Keith Sanner, Chief Operating Officer; and Dennis Haller, Chief Sales and Marketing Officer, who have more than 100 years of combined experience in the specialty rental industry. Cahill is backed by a $100 million line of equity from Pine Brook. It was headquartered in Houston, Texas in 2015.
Fidelis Insurance Holdings Limited provides insurance underwriting and reinsurance services. The company provides catastrophe reinsurance, property, specialty reinsurance, and specialty insurance services. It provides reinsurance services to the aviation and aerospace, energy, marine, and property sectors. Fidelis Insurance Holdings Limited was incorporated in 2014 and is based in Pembroke, Bermuda with offices in London, United Kingdom.
Strategic Funding Source finances the future of small business with technology and insight. We provide financing to a wide range of businesses including retailers, restaurants, hotels, medical professionals, manufacturers, wholesalers and automotive dealers and suppliers. Founded in 2006, Strategic Funding Source is a market leader in offering financing options to small and midsize businesses. Recognized as one the most reliable and respected names in the industry, Strategic Funding Source is known for flexible and tailored financing options, its comprehensive technology platform and exceptional customer service. Headquartered in New York City with a network of affiliated offices and sales representatives, the company provides capital throughout the U.S. and Australia.
Saguaro Resources Ltd. is a private oil and gas company based in Calgary, Canada, founded in 2012. The company specializes in the exploration, acquisition, and development of unconventional light oil and liquids-rich natural gas resources, particularly within the Western Canadian Sedimentary Basin. Saguaro Resources operates drilling wells and manages oil reserves, focusing on maximizing the potential of tight oil and gas plays in the region. Through its activities, the company aims to contribute to the energy sector by leveraging its expertise in unconventional resource development.
Global Atlantic is defined by patience and vision converging with opportunity and experience. Global Atlantic brings together people with deep experience at all levels of their organization garnered through decades of experience gained both at predecessor companies and throughout the industry.
Brigham Resources is a privately held oil and gas company. Founded by Bud Brigham, Gene Shepherd and former management team members from Brigham Exploration Company following the company’s sale to statoil, Brigham Resources is focused on using advanced technologies to identify and develop unconventional liquids rich resource plays.
Elevation Resources LLC acquires and develops unconventional oil and natural gas resources in the Permian Basin. It develops acquired and leased acreage in the Southern Midland Basin, Southern Delaware Basin, and Northern Delaware Basin. The company was founded in 2013 and is based in Midland, Texas.
GR Energy Services, LLC provides wire line logging and perforating services for oil and gas companies with wells in the Anadarko, Arkoma, Barnett, Eagle Ford, Marcellus, Utica, and Permian basins. The company offers logging services in the areas of casing collar locator, cement bond logging, electromagnetic wall thickness, gamma ray, gamma ray neutron, multi-finger caliper, noise logging, and temperature logging; and perforating services, including wire line and tubing conveyed perforating, plug-n-perf operations and pump down, and toe stage perforating. It also provides mechanical services for chemical cutters, dump bailers, plugs, packers and retainers, free point indication and backoff, radial torch cutter, severing tools, and wire line fishing. The company is based in Sugar Land, Texas with locations in Martin's Ferry, Ohio; and Midland, Pleasanton, and Wichita Falls, Texas.
Common Resources
Private Equity Round in 2012
Common Resources is an independent oil and gas exploration and production company. Common Resources focuses on creating value through the drillbit in multiple onshore U.S. basins.
Aeolus Re Ltd
Private Equity Round in 2011
Aeolus Re Ltd. offers reinsurance services. The company offers collateralised property catastrophe protection to insurers and reinsurers.
United Pan Am Financial Corp
Acquisition in 2010
The Company is a diversified specialty finance company engaged primarily in originating and acquiring for investment or sale residential mortgage loans, personal automobile insurance premium finance contracts and retail automobile installment sales contracts. The Company targets customers who generally cannot obtain financing from traditional lenders. These customers usually pay higher loan origination fees and interest rates than those charged by traditional lenders to gain access to consumer financing. The Company believes that management's experience in originating, assessing, pricing and managing credit risk enables the Company to earn attractive risk-adjusted returns. The Company has funded its operations to date principally through retail deposits, FHLB advances and whole loan sales at the Bank, and its first securitization of mortgage loans completed in December 1997. The Company's strategy is to undertake controlled geographic expansion of its existing businesses, with particular emphasis in the near term on the national expansion of its mortgage finance operations, and to evaluate possible entry into additional specialty finance businesses which provide the opportunity for attractive risk-adjusted returns.
Common Resources
Private Equity Round in 2010
Common Resources is an independent oil and gas exploration and production company. Common Resources focuses on creating value through the drillbit in multiple onshore U.S. basins.
Green Bank, headquartered in Houston, Texas, is a commercial bank that offers a comprehensive range of banking services to both business and personal clients primarily in Texas. Its services include online banking, facility financing, depository services, business banking, money market products, certificates of deposit, IRA accounts, loans, personal lines of credit, and treasury management solutions. With branches located in major cities such as Houston, Dallas, and Austin, Green Bank aims to be a preferred provider in the banking sector while also serving as a community champion. As a wholly-owned subsidiary of Green Bancorp, the bank is recognized for its commitment to customer service and community involvement.
Aurigen Capital Limited is an insurance holding company that specializes in providing reinsurance services for life insurance policies primarily in North America. Established in 2006 and headquartered in Hamilton, Bermuda, the company offers tailored risk and capital management solutions, including pricing, underwriting, administration, and claims management. With a capital facility exceeding $500 million, Aurigen focuses on delivering creative and customer-centric solutions through rigorous analytical methodologies. The company aims to enhance its competitive position in the market by maintaining an efficient capital structure, which benefits both its clients and shareholders. Recently, Aurigen has expanded its operations into the United States, marking a significant step towards its long-term goal of becoming a prominent player in the international life reinsurance sector.