From Yahoo Finance: 2025-05-21 07:48:00

North Hudson Resource Partners has closed its fifth non-operated oil and gas fund, Production Partners V, at $344m in equity commitments, reaching a total of $1.4bn in assets under management. The fund will target acquisitions in the US and Canada, focusing on transactions valued from $1m to over $150m. The strategy includes drilling partnerships and joint-bid acquisitions. Managing partner Mark Bisso expressed gratitude for investor and partner support. Fortuna Operating will continue its partnership with North Hudson to manage asset acquisition and development. North Hudson’s non-operated funds have acquired over $1.3bn of assets in the past five years. Kirkland & Ellis provided legal counsel for Production Partners V.



Read more at Yahoo Finance: North Hudson finalises fifth non-operated oil and gas fund