Oil and natural gas exploration and production company Terra Energy Partners will acquire a subsidiary from WPX Energy (NYSE: WPX). Terra Energy received an equity commitment from existing investor Kayne Private Energy Income Fund and a new investment from Warburg Pincus LLC.

Warburg Pincus’ previous equity investments include $500 million in energy startup Independence Resources Management (IRM). The firm closed a $4 billion energy fund in October 2014, which has invested more than $50 billion, placed with more than 720 companies.

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