Charlie Shufeldt, managing director of IOG Capital LP, is today’s Forty Under 40 featured honoree.
IOG Capital is a Dallas-based investment firm that Charlie helped form in 2014 with oil and gas industry veteran Marc Rowland and business partner Noam Berk.
Charlie, who worked at large investment institutions including Banc of America Securities for the first 10 years of his career, said he loves the fact that IOG was an entrepreneurial challenge for him, Rowland and Berk.
“We are still in the early innings of establishing IOG as a multifaceted investor and industry partner in the upstream space,” Charlie said adding he believes the firm can expand its investment spectrum further.
“For example, we have identified several additional strategies that should deliver value to our operators and accretive returns to our investors,” he continued.
Since its inception, IOG has closed over 30 transactions located across four states and has invested in almost 500 wells, as of December.