Dallas-based Rising Phoenix Capital has launched a $20 million mineral and royalty fund, the La Plata Peak Income Fund, according to a Feb. 5 press release.
Rising Phoenix Capital said the fund offers accredited investors the ability to invest directly in producing, cash-flowing oil and gas mineral assets. The firm’s income strategy focuses on acquiring producing royalties in plays such as the Permian and Denver-Julesburg basins and the Haynesville, Marcellus and Eagle Ford shales. The interests provide “consistent cash flow with no drilling risk,” according to the press release.
“We have several industry investors in our funds, and we’re excited to roll this one out in front of our peers and colleagues at the 2025 NAPE Summit,” said Jace Graham, CEO of Rising Phoenix Capital. “There’s no other investment quite like this, where someone can walk up to us and invest directly into a professionally managed, high-yield oil and gas royalty fund. Our goal is to provide transparency, accessibility, and strong returns in a sector that has traditionally been out of reach for individual investors.”
Founded on a legacy of industry expertise, Rising Phoenix Capital’s past funds have delivered annualized returns exceeding 17%, according to the press release.
The firm’s structured approach provides monthly income distributions and leveraging its ground game acquisition strategy, the company said.
Rising Phoenix Capital said the fund is its ninth.
Recommended Reading
Michael Hillebrand Appointed Chairman of IPAA
2025-01-28 - Oil and gas executive Michael Hillebrand has been appointed chairman of the Independent Petroleum Association of America’s board of directors for a two-year term.
Confirmed: Liberty Energy’s Chris Wright is 17th US Energy Secretary
2025-02-03 - Liberty Energy Founder Chris Wright, who was confirmed with bipartisan support on Feb. 3, aims to accelerate all forms of energy sources out of regulatory gridlock.
Phillips 66’s NGL Focus, Midstream Acquisitions Pay Off in 2024
2025-02-04 - Phillips 66 reported record volumes for 2024 as it advances a wellhead-to-market strategy within its midstream business.
US Energy Secretary Nominee Chris Wright Champions Energy at DUG GAS
2024-11-19 - President-elect Donald Trump's energy secretary nominee Chris Wright championed energy's role in bettering human lives earlier this year on stage at Hart Energy’s DUG GAS Conference and Expo.
Pinnacle Midstream Execs Form Energy Spectrum-Backed Renegade
2025-02-03 - Renegade Infrastructure, led by Permian-centric Pinnacle Midstream developers Drew Ward and Jason Tanous, have received a capital commitment from Energy Spectrum Partners.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.