Gibson Dunn Advised Andros Capital Partners on Anchor Investment in EnCap Investments’ $2 Billion PennEnergy Continuation Vehicle

Firm News  |  October 28, 2025

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Gibson Dunn advised Andros Capital Partners in connection with its anchor investment in EnCap Investments’ $2 billion PennEnergy Resources continuation vehicle. This is the largest capital raise for a continuation vehicle formed to date in the upstream energy sector.

Our team was led by partners Michael Piazza and Jesse Myers and included partners Edward Sopher and Kate Timmerman and associates Chris Atmar and Ali Speiss. Partner James Jennings and associate Doug Bresnick advised on tax aspects.