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DALLAS - Endurance Investment Partners (EIP), a new private equity firm, announced its official launch, a strategic partnership with Rice Investment Group (RIG), and the completion of its first investment. The timing appears strategic, as energy sector companies like EQT Corporation have shown remarkable strength, with a 61% return over the past year according to InvestingPro data.
Founded by John Spradling and Trey Hatcher, who have worked together for over a decade, Endurance aims to provide strategic liquidity solutions for energy and infrastructure sponsors and management teams. The firm will focus on delivering flexible capital to help private companies extend duration and maximize asset value.
"As the private equity landscape evolves, we believe the energy and infrastructure sectors will increasingly require strategic liquidity solutions. We launched Endurance to solve that market need," said John Spradling, Co-Founder and Partner at Endurance, according to the press release.
The firm also announced a strategic partnership with Rice Investment Group, a multi-strategy investment fund backed by the Rice family. This collaboration gives Endurance access to RIG’s technical and operational capabilities in the energy sector. The partnership comes at a time when energy companies are showing strong fundamentals - InvestingPro data shows that major players like EQT are maintaining healthy profit margins of around 75% and steady revenue growth.
Endurance has completed its first investment in an energy infrastructure platform, providing a customized liquidity solution to a sponsor. The transaction demonstrates the firm’s strategy of offering alternative liquidity solutions in the market.
Kyle Derham, Partner at RIG, expressed enthusiasm about the partnership, noting that Endurance was founded with a clear vision to address flexible capital solutions needs.
Based in Dallas, Texas, Endurance is actively seeking investment opportunities in the energy and infrastructure sectors. The information in this article is based on a company press release. For investors interested in following energy sector developments, InvestingPro offers comprehensive analysis of over 1,400 companies, including detailed Pro Research Reports that transform complex financial data into actionable intelligence.
In other recent news, EQT Corp reported strong second-quarter 2025 earnings, surpassing analyst expectations. The company achieved an earnings per share of $0.45, exceeding the forecast of $0.42, and reported revenue of $2.56 billion, significantly above the projected $1.76 billion. BofA Securities raised its price target for EQT to $80, maintaining a Buy rating, citing the company’s capability to meet the demands of large datacenters with its infrastructure. Melius Research also initiated coverage of EQT with a Buy rating and a price target of $64, highlighting the company’s strong position in the Appalachian Basin. Additionally, EQT announced that its Chief Information Officer, Richard A. Duran, will take an unpaid sabbatical from September 2025 to February 2026, though he will remain available for consultations on critical matters. These developments reflect ongoing analyst confidence and strategic movements within the company.
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