AlphaMaven AlphaMaven

Exclusive | Endurance Investment Partners Seeks $350 Million to Back Energy Secondary Bets

Reported by Wsj
Apr 27, 2026· 2 min read
Save Post LinkedIn Email
Key Takeaways
  • • Endurance Investment Partners officially launched as a new Dallas-based private equity firm co-founded by John Spradling and Trey Hatcher, targeting energy and infrastructure secondary markets and liquidity solutions.
  • • The firm secured a strategic partnership with Rice Investment Group (RIG), a multi-strategy investment fund backed by the Rice family, providing direct access to technical and operational capabilities across the energy sector.
  • • Endurance completed its inaugural investment in a critical energy infrastructure platform, delivering a customized liquidity solution to a leading sponsor, demonstrating its market entry strategy.
  • • The firm addresses a stated market gap for flexible, partnership-oriented capital solutions for energy and infrastructure sponsors seeking strategic liquidity and extended duration opportunities.
  • • Co-founders bring over a decade of successful working history together, with backgrounds suggesting prior experience in the energy private equity sector.
Summary
Endurance Investment Partners, a newly established private equity firm based in Dallas, has officially launched with a strategic focus on energy and infrastructure sector investments. The firm was co-founded by John Spradling and Trey Hatcher, who bring over a decade of collaborative working experience and position the platform to target strategic liquidity solutions for energy and infrastructure sponsors and management teams.

The firm operates on a partnership model designed to deliver flexible, capital-driven solutions to private companies seeking to extend duration and unlock asset value. According to the founders, Endurance was established to address what they identify as a critical market gap: the growing need for strategic liquidity solutions as the private equity landscape evolves and energy sector dynamics shift.

Central to Endurance's platform is a strategic partnership with Rice Investment Group (RIG), a multi-strategy investment fund backed by the Rice family and known for deep expertise across the energy sector. This partnership provides Endurance with direct access to RIG's technical and operational capabilities and allows the platform to leverage RIG's established track record in building and scaling energy businesses. The collaboration positions both firms to identify opportunities where operational improvements and strategic restructuring can drive value creation.

Endurance has already moved into market execution, completing its inaugural investment in a critical, demand-pull energy infrastructure platform. The transaction provided a customized liquidity solution to a leading sponsor, demonstrating the firm's operational thesis and ability to execute in the space. The timing of the launch reflects broader momentum in the energy sector, where companies have demonstrated strong fundamental performance and where market participants increasingly seek flexible capital solutions beyond traditional debt and equity structures.

Go deeper than the headline

Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.

Start your free 7-day trial

Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Wsj Exclusive | Endurance Investment Partners Seeks $350 Million to Back Energy Secondary Bets