# Lone Star Investment Advisors

Lone Star Investment Advisors is a Private Equity based in Dallas, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Dallas, United States
- **Region:** North America
- **Address:** Dallas, TX, United States
- **Founded:** 2002
- **Assets under management:** Undisclosed
- **Website:** www.lonestarinvestmentadvisors.com
- **LinkedIn:** https://www.linkedin.com/company/lone-star-investment-advisors-llc

## About

Lone Star Investment Advisors is an SEC-registered investment adviser in Dallas, TX, registered since 2012. The firm manages approximately $120 million in regulatory assets. It has 4 employees and 3 investment advisers.

## Sectors

- Industrial Tech
- Energy Transition & Renewables
- Real Estate

## People

- J. Patrick McDowell — President & Managing Partner

## Questions

### Who runs investment decisions at Lone Star Investment Advisors?

J. Patrick McDowell serves as President & Managing Partner and leads the firm's investment activities. His background includes a prior partnership at SCF Partners, a Houston-based energy-focused investment firm, where he contributed to deal origination and management in the energy services and industrial sectors. Day-to-day deal execution is led by the managing partner with support from the investment team, though the firm does not publicly list additional senior investment professionals.

### What types of companies does Lone Star Investment Advisors typically target?

The firm targets lower-mid-market companies across manufacturing, industrial distribution, and energy services. Enterprise values generally fall below $100 million. Transactions include control buyouts, recapitalizations, and corporate divestitures from larger industrial companies. The firm focuses on North American businesses, particularly those operating in the Texas-Oklahoma-Louisiana energy and industrial corridor.

### Is Lone Star Investment Advisors related to Lone Star Funds?

No. Lone Star Investment Advisors is a Dallas-based lower-mid-market private equity firm founded by J. Patrick McDowell. Lone Star Funds is an entirely separate global private equity firm headquartered in Dallas, founded by John Grayken. The two firms share a city and a name but have no known affiliation, common ownership, or shared investment activity.

### How does Lone Star Investment Advisors source deals?

The firm's deal sourcing network is rooted in the energy services and industrial sectors across the Sunbelt. J. Patrick McDowell's SCF Partners background provides an operational and relationship footprint in energy-adjacent industrial businesses in Texas and surrounding states. The firm also targets corporate divestitures from larger industrial conglomerates, which serves as a distinct origination channel alongside traditional intermediary-driven deal flow.

## Related profiles

- [Live Oak Resource Partners](https://altss.com/profile/live-oak-resource-partners)
- [Long View Ventures](https://altss.com/profile/long-view-ventures)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/lone-star-investment-advisors

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology