The EnCap Flatrock Midstream management team is led by three principals: Dennis Jaggi, Bill Waldrip and Billy Lemmons.

Our Team Leadership.

Targeted capital commitments typically range from $200 million to $300 million per management team, but the firm also pursues investment opportunities requiring larger commitments in conjunction with many of EnCap's investment partners. EnCap Flatrock primarily focuses on providing growth capital to proven midstream management teams in North America. EnCap Flatrock's team of professionals applies many years of directly applicable midstream and energy finance experience. EnCap Flatrock Midstream currently backs 16 portfolio companies with more than $9 billion in commitments. We advance their growth with more than capital, providing expertise and operational support and come to work every day thinking about what we can do to help our teams … The team at EnCap Flatrock offers a unique set of skills required to 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. The EnCap Flatrock Midstream team is led by three managing partners and maintains offices San Antonio, Houston and Edmond, Oklahoma. The EnCap Flatrock Midstream management team is led by Managing Partners and Founders Bill Waldrip and Billy Lemmons and Founder Dennis Jaggi, who have worked together for the majority of the past 30 years in the midstream sector of the oil and gas industry. Contacts EnCap Flatrock Midstream creates value by making venture capital investments in the best management teams in midstream.

Aspen Midstream The company offers a full-service portfolio of midstream solutions, including natural gas gathering, processing, compression and treating; condensate stabilization and vapor recovery; crude oil gathering and terminaling. EnCap Flatrock Midstream is currently making commitments to new management teams from EFM Fund IV, a $3.25 billion fund. For more information please visit www.efmidstream.com .



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