Pine Brook Leads $400M Line of Equity Financing for Elevation
April 16, 2013
Pine Brook has led a $400 million line of equity investment for Elevation Resources. Based in Midland, TX, Elevation is a recently formed exploration and production company that is focused on the acquisition and development of oil and liquids resources in the Permian Basin. Pine Brook is a New York-based PE firm that makes equity investments in new and growing energy and financial services businesses.