Kimmeridge Energy Management Company, LLC

Founder and Managing Partner Ben Dell leads the investment committee. Partner Neal Anderson heads the infrastructure practice. The firm's investment team includes geoscientists and engineers who underwrite deals internally.

Kimmeridge operates three strategies: private equity (control and co-control upstream/midstream), private credit (structured capital), and infrastructure (energy transition including carbon capture and RNG). The firm targets the US onshore, especially the Permian and DJ basins.

Kimmeridge's in-house technical team of geoscientists and reservoir engineers models well economics and geologic risks. That internal capability lets the firm originate and underwrite assets without relying exclusively on third-party data, creating proprietary opportunities.

No. Kimmeridge is an institutional asset manager with external LPs including pension funds and endowments. It is structured as a partnership under founder Ben Dell, not a single- or multi-family office.

Kimmeridge makes direct private equity and credit investments in energy companies. It also raises commingled funds from institutional investors, such as its infrastructure fund closed in 2021 targeting $500M.

In 2023, Kimmeridge launched a public activist campaign against SilverBow Resources, nominating two director candidates and advocating for operational changes. The firm signaled it may use similar engagement when necessary to unlock value in portfolio companies.