Five Point commits $75M to EVX Midstream Partners

Five Point Capital Partners LLC has made a $75 equity commitment from Five Point Capital Midstream Fund II LP to the newly formed EVX Midstream Partners.

EVX is focused on the development of crude oil, natural gas, and produced water gathering, processing, treating, and transportation assets in the Permian Basin, the Eagle Ford shale play, and the US Mid-Continent.

EVX is led by its three founders: Herb Chambers IV, president and CEO; Charlie Flynn, COO; and Brian Kellar, CFO. The EVX leadership team has over 50 years of collective experience originating transactions and projects, structuring and developing midstream assets, and operating assets post-acquisition or project completion.

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