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CM - Brigham’s PE backers realize over $90MM through stock sale - June 2020
Funds owned by Warburg Pincus, Yorktown Energy Partners and Pine Brook Road Advisors sold off almost $91 million of Brigham Minerals’ common stock in a 6.6 millionshare sale on June 9. The Warburg-affiliated funds also offered a 990,000-share overallotment option that will raise another $13.6 million if fully exercised. The offering price was $13.75/share. The three private equity groups were financiers from the formation of the company through its initial public offering on April......
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