Andros Capital Partners LLC (collectively with our affiliates, “we” “our” “Andros Capital” or
“Adviser”) is an investment advisory services firm organized as a Delaware limited liability company.
Andros Capital was founded in July 2020 by Phillip Gayle, who is the principal owner of the Adviser.
Andros Capital provides discretionary investment management services to affiliated private equity
funds (each a “Fund” and collectively, the “Funds”)1. Andros Capital’s services to the Funds consist
of (i) investigating, identifying, and evaluating investment opportunities; (ii) structuring, negotiating
and making investments on behalf of the Funds; (iii) managing and monitoring the performance of
such investments; and (iv) exiting such investments on behalf of the Funds.
Andros Capital oversees and manages the following funds:
• Andros Energy Capital LP;
• Andros Energy Capital II LP;
• Andros Mineral Holdings LLC; and
• Andros Verdad Holdings LLC
Andros Capital manages each Fund in accordance with such Fund’s specific investment objectives
and restrictions set forth in such Fund’s limited partnership agreement and other governing documents
(collectively, the “Governing Documents”).
Andros Capital primarily invests in any commercial, investment or other business opportunity relating
to the energy industry, including (a) investments in (i) upstream oil and gas assets, including leasehold
and working interests, mineral and royalty interests, and overriding royalty interests, and (ii)
midstream and other infrastructure projects, (b) investments in equity interests in, or debt instruments
issued by companies operating in the energy industry and (c) other investments in, or related to, the
energy industry.
Investors and prospective investors should refer to the relevant Governing Documents for each Fund
for information on the investment objectives and investment restrictions with respect to the Fund.
There can be no assurance that any of the Funds’ investment objectives will be achieved. As such,
Andros Capital’s services are generally not tailored to the individualized needs of any particular
investor of the Fund. Since Andros Capital does not provide individualized advice to investors (and
an investment in the Fund does not, in and of itself, create an advisory relationship between the
investor and the Adviser), investors must consider whether a particular Fund meets their investment
objectives and risk tolerance prior to investing.
As of December 31, 2023, Andros Capital manages $1,199,568,606 in assets under management, all
on a discretionary basis.
1 “Fund” or “Client” means a private investment fund to which Andros Capital provides investment advice and/or invest on
a discretionary or nondiscretionary basis. The individuals and other persons that invest in the Andros Capital private
investment funds are generally referred to herein as “investors.” Unless otherwise expressly stated herein, the terms “Fund”
and “Client” do not include “investors.”