Our Partners
The managing partners at EnCap Flatrock Midstream with members of the professional team: L-R: Karl Pfluger, Vice President; Dennis McCanless, Managing Director; Dennis Jaggi, Managing Partner; Bill Waldrip, Managing Partner & Founder; Billy Lemmons, Managing Partner; Morriss Hurt, Vice President.ENCAP FLATROCK MIDSTREAM
US Infrastructure was formed in 2011 with a $100 million commitment from EnCap Flatrock Midstream's EnCap Energy Infrastructure Fund. Established in 2008 by Flatrock Energy Advisors, LLC, and EnCap Investments L.P., EnCap Flatrock Midstream has more than $1.2 billion in midstream equity under management and dedicated to providing growth capital to proven midstream management teams in North America.
The team at EnCap Flatrock brings USI more than capital. It offers a unique set of skills that effectively meet the capital requirements of the midstream sector: deep industry expertise, significant operating experience, outstanding technical skills, industry recognition and contacts, financial sophistication and a demonstrated track record of successful private equity investing.
EnCap Flatrock Midstream is led by Dennis Jaggi, Billy Lemmons and Bill Waldrip, who have worked together for virtually all of the past 30 years in the midstream sector of the oil and gas industry. With more than 93 years of midstream experience and 125 prior advisory clients in the sector, they have been directly involved in approximately $4.1 billion of midstream transactions and investments. Two of the EnCap Flatrock principals served as chief operating officers and division heads of large midstream companies with full operations, profit and loss and capital investment responsibilities; and one of the principals has significant experience originating, structuring, negotiating and overseeing energy investments.
ASSET RISK MANAGEMENT, LLC
Headquartered in Houston with offices in Chicago and Pittsburgh, Asset Risk Management (ARM) has been helping oil and gas producers develop and implement effective risk management programs since 2004. ARM takes a dynamic approach to risk management by creating hedge strategies that not only provide protection but also create value as the market provides opportunity. ARM represents more than 65 public and private companies and interacts with all major energy commodity counterparties. ARM Gas Marketing focuses on physical assets in the natural gas market, providing natural gas marketing, transportation and asset management services and delivering secure, competitively priced supplies to market.
ARM is led by Chairman Gil Burciaga, who was a founding member of Natural Gas Clearinghouse (now Dynegy, NYSE: DYG), CEO Zach Lee and President Chris Croom. Each of the senior members of ARM’s executive management team has more than 20 years experience in the energy industry. This experience and deep knowledge of the market distinguishes ARM in the marketplace and enables the company to deliver faster service, dynamic market opportunities and reliable, cost-effective marketing services.