Investors in North Dakota

First Reserve is an investment company that offers private equity investment services to firms in the energy industry. It was founded in 1983 and is based in Connecticut.

Tailwater Capital is a Dallas-based private equity firm focused on midstream and upstream oil and gas companies. Tailwater's principals have a wealth of experience providing growth equity capital across all domestic energy sectors, having invested over $1 billion in equity capital in the space over the past 14 years. Tailwater manages a portfolio that includes BlackBrush Oil & Gas, TexStar Midstream Services Petro Waste Environmental Partners, Align Midstream Partners and Pivotal Petroleum Partners.

Kayne Anderson Capital Advisors, L.P., founded in 1984, is a leading independent alternative investment management firm focused on niche investing in upstream oil and gas companies, energy infrastructure, specialized real estate, middle market credit, growth private equity and distressed municipal opportunities. Kayne’s investment philosophy is to pursue niches, with an emphasis on cash flow, where our knowledge and sourcing advantages enable us to deliver above average, risk-adjusted investment returns. Kayne manages approximately $28 billion in assets (as of 5/31/2014) for institutional investors, family offices, high net worth and retail clients and employs nearly 250 professionals in eight offices across the United States.

As one of the first private equity firms to invest in Asia, TPG Capital Asia has gained deep knowledge and forged strong relationships that have been integral to building businesses across China, India, Southeast Asia, Japan, Korea, and Australia. Our team of leading regional investors, coupled with a seasoned operations group from TPG's global platform, partners with a wide variety of companies to overcome unique challenges, from business expansion to operational enhancements. TPG Capital Asia currently manages approximately $7.8 billion in assets from our offices in Beijing, Hong Kong, Melbourne, Mumbai, and Singapore.

leading global alternative asset manager

Cerberus Capital Management, L.P. is one of the world’s leading private investment firms with over $30 billion under management. Founded in 1992, Cerberus has built a highly regarded reputation for its expertise and excellence in deep value and distressed investing. Cerberus manages funds and accounts for many of the world’s most respected investors. With one of the strongest and longest-tenured teams of investment and operational professionals in the industry, Cerberus executes a multi-strategy approach in distressed securities and assets, private equity, middle market lending and real estate. Cerberus directs its global investment strategies from its headquarters in New York City, and draws on the expertise of a network of advisory offices throughout the United States, Europe, and Asia.

Banyan Mezzanine Funds was founded in 2002 to provide mezzanine capital to smaller middle-market companies headquartered primarily in the Southeast. Mezzanine capital is used to supplement a company’s debt capacity beyond banks’ credit limitations and is a substantially cheaper and less dilutive alternative to equity financing. Banyan Mezzanine Fund, L.P. was founded in 2002 to provide mezzanine capital to smaller middle-market companies headquartered primarily in the Southeastern United States. Mezzanine capital is used to supplement a company’s debt capacity beyond banks’ credit limitations and is a substantially cheaper and less dilutive alternative to equity financing. With over $250 million of committed capital from Fund I (2004) and Fund II (2007), we can provide financing of approximately $2 million to $8 million to companies which meet our investment criteria, generally structured in the form of subordinated debt with attached warrants (for the future purchase of common equity). Banyan can also arrange larger financings through its partners or affiliations with other firms. Such financings are typically used for growth expansion, acquisitions, recapitalizations and management buyouts. Banyan’s focus is on companies with seasoned management teams, revenues greater than $5 million, profitable high margin operations and in growing industry segments. We will not invest in start-ups, turn-arounds, or in real estate development, oil and gas operations or direct lending businesses. We strive to contribute beyond the capital we provide to our clients, by entering into a close partnership arrangement with management teams coupling high integrity with a desire to build substantial enterprise value. We expect to be active following the financing, making available our extensive corporate finance, lending and strategic management advisory experience.

Morgan Stanley Capital Partners is a leading middle-market private equity platform, focusing primarily on North America. We seek to create value through management and operational improvements, value-added oversight, strategic add-on acquisitions and thoughtful capitalization. We invest primarily in control transactions via founder-led recapitalizations, growth equity investments, industry roll-ups, management buyouts, corporate carve-outs and platform builds. Throughout our history, we have maintained a consistent middle-market focus, investing in companies across a broad range of industries.

Catalyst employs a research-driven deal flow origination process to identify high-growth sectors and businesses within technology-enabled services. Catalyst targets growth-stage businesses with proven business models and attractive unit economics and sectors that are being driven by fundamental, long-term growth trends and have substantial addressable markets. Catalyst makes both control and influential minority investments, typically has meaningful influence and board representation, and seeks to create value after investment through active involvement in creating, evaluating, and monitoring a portfolio company's business strategy, performance against budget, acquisition efforts, and capital structure evolution. Catalyst leverages its Advisory Group of seasoned industry professionals to provide portfolio companies with access to experienced industry executives and referrals to potential customers or strategic partners.

Ignition is a venture capital firm dedicated to helping the best entrepreneurs seize opportunity. With over $2B under management, Ignition invests in emerging and future leaders in enterprise software. Ignition brings together an unparalleled combination of domain focus, technical expertise, and global operational experience. Ignition's partners are proven business leaders who have built some of the world's most successful businesses of the last two decades, including Microsoft Windows and Office, McCaw Cellular Communications, AT&T Wireless and Starbucks. Ignition helps entrepreneurs by turning their early idea into a business, to hiring the right team, providing the right industry and functional insight and connections, to growing the business strategically, globally, financially, to realizing the best ultimate outcome, Ignition is ready to go the distance.