NGP Energy Capital
NGP Energy Capital Management LLC invests in private equity focused on the oil and gas industry. NGP is an abbreviation of Natural Gas Partners. NGP was formed in 1988 by Richard Rainwater, Gamble Baldwin, Kenneth Hersh, and David Albin. Barclays acquired a 40% stake in NGP in 2006, and Carlyle acquired a 47.5% interest in 2012.