PEARL ENERGY INVESTMENTS
Private equityDallas · Growth–Late Stage · 14 people tracked
Also known as PEARL ENERGY INVESTMENT MANAGEMENT III, LLC · PEARL ENERGY INVESTMENT MANAGEMENT IV, LLC · PEARL ENERGY INVESTMENT MANAGEMENT, LLC
Investment thesis
Pearl Energy Investments partners with proven management teams to invest in the North American energy sector. The firm typically pursues opportunities that require between $50 million and $150 million of equity capital, deploying its capital under management to back experienced operators in energy.
Source: firm website, verified Aug 25, 2026.
Team · 14 people
from the firm's websiteWhat they invest in
from 15 of 16 portfolio companiesEnergy ×14Cleantech ×3Climate Tech ×2GovTech ×1SaaS ×1
HQs:United States×10Canada×2
Investments · 16 tracked
founders shown can be your intro pathBy year:2026 · 12022 · 12017 · 13 dated
Infinity Natural Resources (INR) is a privately held exploration and production (E&P) company focused on oil and natural gas development in the Appalachian Basin.
EnergyMorgantown, US
William Quinn(Director)inScott Gieselman(Director)Katherine Gallagher(Director)Sarah James(Director)Zack Arnold(President and Chief Executive Officer)Steven Gray(Director)
Board seatSteven CobbWilliam Quinn· per SEC Form D
Triton Midstream develops and operates water midstream infrastructure for oilfield water management in the energy industry, serving oil and gas producers in the Permian Basin.
CleantechEnergy
Streamline develops and commercializes gas treating technologies for hydrogen sulfide (H2S) and CO2 removal, helping customers in energy, wastewater, renewable fuels, and industrial sectors meet environmental and sustainability requirements.
CleantechClimate TechEnergySan Antonio, US
Gary Gill(Executive Officer)William Lemmer(Executive Officer, Director)David Sisk(Executive Officer, Director)
BoardRobert Raymond(Director)H.W. Cox, Jr. Ph.D.(Director)
Board seatSteven Cobb· per SEC Form D · $54.3M raise · filed Nov 2022
Co-investorsCubit Capital
Permian Resources (NYSE: PR) is an independent oil and natural gas company that acquires, optimizes and develops oil and gas properties in the Permian Basin, with assets concentrated in the core of the Delaware Basin.
EnergyMidland, US
Spur Petroleum Ltd. is a privately-owned oil and natural gas company with operations focused on the Clearwater oil play in northern Alberta.
EnergyCalgary, CA
Andrew Leuchter(Executive Officer)David O'Brien(Director)Greg Warner(Executive Officer)Matt Young(Executive Officer)Grant Zawalsky(Director)Ron Wigham(Director)
Co-investorsLongbow Capital
Spring Valley is a Dallas-based asset management firm that operates a family of special-purpose acquisition vehicles formed to merge with or acquire businesses in the power infrastructure and decarbonization sectors.
CleantechClimate TechEnergyDallas, US
Swordfish Energy is a private equity-backed oil and gas operator focused on the Permian Basin in Texas, growing its position through acquisitions and field development.
EnergyHouston, US
Voyager Midstream is an independent midstream company operating about 550 miles of natural gas gathering pipelines, plus cryogenic natural gas processing and liquids fractionation facilities.
Energy
Wild Basin Energy acquires oil and gas mineral rights from mineral owners, using a technically-driven minerals evaluation to price offers and generate risk-adjusted returns for investors.
Energy
Blake Williams(CEO)Jacob Sexton(CFO)Debbie Brandes(VP of Reservoir Engineering)
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Exits · 1
IPOs and acquisitions across the tracked portfolioInfinity Natural ResourcesNYSE: INR
Fund performance · per public LP disclosures
as of Dec 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Pearl Energy Investment IV, L.P.LPs: Texas Municipal Retirement System | — | — | -21.9% | 0.88x | — |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has PEARL ENERGY INVESTMENTS made?
- PEARL ENERGY INVESTMENTS has 15 tracked investments, including 1 dated in the last 24 months.
- What stage does PEARL ENERGY INVESTMENTS invest at?
- PEARL ENERGY INVESTMENTS invests at the Growth, Late Stage stages.
- What is PEARL ENERGY INVESTMENTS's typical check size?
- PEARL ENERGY INVESTMENTS typically writes checks of $50M – $150M.
- What sectors does PEARL ENERGY INVESTMENTS focus on?
- PEARL ENERGY INVESTMENTS focuses on Energy.
- Where is PEARL ENERGY INVESTMENTS located?
- PEARL ENERGY INVESTMENTS is headquartered in Dallas, US.
Similar investors
AirTree Ventures runs Pathfinders, a free four-week in-person program in Sydney for young builders (high-school graduates up to age 23) to work on a real product, access the AirTree team and founders, and build a peer network.
Cathay Innovation is a multi-stage venture capital firm founded in Paris in 2015 and backed by industry, operating a platform designed to enable collaboration between startups and corporations.
Jungle Ventures is a venture capital firm focused on India and Southeast Asia that has adopted a climate strategy to build a resilient portfolio addressing climate-related risks and opportunities.
Khosla Ventures is a venture capital firm that invests in early-stage companies focused on technology, mobile, and clean energy sectors, including biotechnology applications. The firm provides capital and strategic support to entrepreneurs developing breakthrough technologies across multiple markets.
Partech is a global investment firm that backs founders across multiple continents and at every stage through dedicated teams and funds.















