Specialist Buyout Firms Cash In on Shale Consolidation
In this article for The Wall Street Journal, partner Adam Larson discusses private-equity sponsors and how they've focused on oil and natural gas last year by selling assets to producers snapping up new drilling sites.
"... Public energy companies that went through a period of deleveraging themselves are now in a position where they have to refresh their production runway and need more assets,” said Adam Larson, a partner at law firm Kirkland & Ellis who focuses on deals and private equity, especially in the energy and infrastructure sectors."
