Private equity growth fund – currently fundraising

The fund aims to invest in renewable developers/independent power producers (IPPs) that are headquartered in Europe and North America and will enable the energy transition to net zero. The uses and proceeds of the capital of the fund is for further project development and ensuring these portfolio developers maintain some equity in the projects they develop. Gaining access to the developer at their company-level, allows LPs to get access to the "development premium", which is only ever experienced by a project development/IPP company once they sell project rights to larger institutional interests.

At Victory Hill we want to enable the transition by supporting proven teams that use proven technologies to advance the energy transition in the markets they operate in. They differentiate themselves from competition by their unique commercialisation strategy, not technological innovation. Indeed, the transition has caused disruptions in energy markets around the world and often, there is strong fundamental demand for new sources of energy or a proven enabling technology, but it is the commercialisation strategy that determines the success of the developers/IPPs as they find the appropriate route to market.

The fund is not raising a blind pool.

Midstream energy fund – currently fundraising

Once raised, the fund will target middle-market U.S. midstream assets located in key energy corridors—projects that meet current energy demands while supporting the long-term transition to lower-carbon solutions. This strategy builds on Victory Hill’s successful track record in Fund I, which included the 2021 acquisition of a midstream asset in Brownsville, Texas.

Midstream infrastructure plays a vital role in enabling the energy transition across the U.S., bridging the gap between rising demand for electrons and fuels and the push toward a low-carbon future. The sector benefits from favorable macroeconomic trends that support scalability and long-term growth.

To execute this strategy, Victory Hill has partnered with a trusted Texas-based operator, with whom we have a proven working relationship. Their team brings over 160 years of combined experience across the midstream value chain and provides us with exclusive access to off-market opportunities, deep operational expertise, and strong exit execution.

Importantly, this is not a blind pool. Five assets have already been identified—some under exclusivity—including opportunities backed by long-term offtake agreements. This positions the fund for a short deployment period and accelerated time to yield.

The fund is designed to deliver robust downside protection, along with steady income and long-term capital growth for investors.