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Editors Comment
April 25, 2008
Black Stone Raises Third Fund; Won't Create an MLP

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Investor interest in oil and gas is so robust that Black Stone Minerals Co. LP could easily raise twice the $400 million it is now set to close on for its Black Stone Natural Resources Fund III LP.


But properly spending a larger amount of money could be difficult, new president and chief operating officer Hallie A. Vanderhider told Houston Energy Finance Group members recently. She joined Black Stone in 2003 and was at EnCap Investments LP for 10 years.

 

-- Leslie Haines

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