Top 10 Private Equity Investors in Oil & Gas Industry in the World in 2021 by Deal Value
CVC Capital Partners SICAV-FIS SA, BlackRock Inc, China Merchants Securities Co Ltd, Affiliated Managers Group Inc, and Mubadala Investment Co are among the top 5 private equity investors in the oil & gas industry in 2021 by deal value. In terms of the geographic split, 7 out of the world’s top 10 private equity investors in the oil & gas industry are headquartered in North America, while 2 are based in Asia, and the remaining 1 is based in Europe. They employed a total of 218,420 people in 2021. The Kayne Anderson-Black Knight Energy deal was one of the major deals in the oil & gas sector in 2021. Vinson & Elkins LLP served as legal advisor to Black Knight Energy LLC. Black Knight Energy LLC, an oil and gas company, has received equity commitment of $500 million from funds managed by Kayne Anderson Capital Advisors LP, including Kayne Private Energy Income Fund II LP and Kayne Anderson Energy Fund VIII LP, alongside Black Knight’s management team. The deal was completed in Q3 2021. The BlackRock Global Energy-GasLog deal was another major deal in the oil & gas sector in 2021. Evercore Inc served as financial advisor to Gaslog Ltd, while Simpson Thacher & Bartlett LLP served as legal advisor to BlackRock Global Energy. BlackRock Global Energy & Power Infrastructure Fund (GEPIF), a fund managed by BlackRock Inc, has completed the acquisition of 45% stake in GasLog Ltd for a cash consideration of $249 million or $5.8 per share, in a going private transaction. The purchase price represents a 17% premium to the closing price of GasLog’s common shares on February 19, 2021. The deal was completed in Q2 2021.