District 5 Investments LP (D5), a private equity firm focused on investing in middle-market oil and gas and oilfield services companies, has made a growth equity investment into newly formed Pathfinder Resources LLC.
Based in Dallas, Texas, Pathfinder was formed to acquire North American mineral and royalty interests, with an initial focus on the Marcellus and Utica Shale plays in Pennsylvania, Ohio, and West Virginia.
This is D5’s third Fund I platform investment. The firm is actively seeking opportunities across the energy sector. Investment sizes range from $5 million to $35 million.
Irving, TX-based District 5 Investments LP was formed in 2016.