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Laxman Pai, Opalesque Asia:

Oil and gas investment specialist Silver Hill Energy Partners has raised more than $1bn for its first institutional private equity fund - Silver Hill Energy Partners II.

According to a recent release from the Dallas-based firm, the oversubscribed fund has received total capital commitments of $1.02 billion from institutional investors comprising endowments, pension funds, medical and family foundations, and family offices.

Silver Hill Energy Partners II is focused on the direct acquisition and development of operated onshore oil, natural gas, and related infrastructure assets in premier basins across the U.S.

"Through our direct partnership with like-minded institutional partners, we are uniquely positioned to make rapid decisions as attractive oil and gas assets become available for acquisition," commented Silver Hill Founder, President, and CEO Kyle D. Miller in the release.

Silver Hill III has closed five sizable acquisitions in the Haynesville Shale and South Texas over the past year and is actively developing its assets with three operated rigs and the build-out of related infrastructure.

Silver Hill Energy Partners was formed in 2011 with a focus on the direct ownership and operation of oil, natural gas, and related infrastructure assets. The firm's latest partnership, Silver Hill Energy Partners III LP, formed Silver Hill Energy Partners III, LLC, Silver Hill III Midstream, LLC, and other regional affiliates, which is "fo......................

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