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Building the path to real energy returns



Trace Capital Management is a proven and pragmatic energy private equity firm focused on value and growth investments across the global energy landscape, with a particular focus on energy infrastructure, upstream oil and gas and viable low/no carbon opportunities.

Based in Houston, TX, Trace currently manages funds with invested and committed capital of over $1.4 billion. At Trace, we focus on transparency, partnership, risk management and operational competence throughout market cycles.


Current AUM


Total Invested and Committed Capital


Total Investments

Energy Infrastruction icon
Energy Infrastructure
Oil and gas icon
Upstream Oil & Gas
Low/No Carbon Infrastructure


Trace’s mission and purpose is to generate consistent risk adjusted energy investment returns for its investors, all done via proactive safe, clean and responsible engagement with the people, environments and communities where we and our investment platforms work. We at Trace believe energy is a foundation of human prosperity and universal access to affordable energy is and should be an affirmative goal for all societies. We also believe that fossil fuels are changing our planet’s climate and are committed to investing in market-based solutions to drive development and adoption of low/no carbon alternatives to today’s energy sources.