9AT: WATEROUS ENERGY FUND MANAGEMENT (US), LLC

other names

WATEROUS ENERGY FUND MANAGEMENT (US), LLC

Adviser Profile

As of Date	03/26/2025
Registration	SEC, Approved, 01/18/2018
ADV Location	HOUSTON, TX, United States
Contact Info	281 xxxxxxx
Websites

AUM^*	5,166,632,243 30%
of that, discretionary	0 -100%
Private Fund GAV^*	5,166,632,244
Avg Account Size	322,914,515 -38%
SMA’s	No
Private Funds	16 1

Adviser Type

- Large advisory firm

Number of Employees 2

of those in investment advisory functions 2

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- Performance-based fees

SEC Fund Type	Count	GAV
Fund TypePrivate Equity Fund	Count16	GAV$5,166,632,244

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser EAGLETREE CAPITAL, LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund11.5b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV11.5b	AUM4.8b	#Funds26
Adviser BALBEC CAPITAL MANAGEMENT LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund6.3b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund250.0k	Total Private Fund GAV6.3b	AUM7.2b	#Funds25
Adviser BLUE TORCH CAPITAL LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund8.0b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV8.0b	AUM8.2b	#Funds17
Adviser MEDLEY PARTNERS MANAGEMENT LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund6.5b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV6.5b	AUM6.8b	#Funds16
Adviser GSV EQUITY HOLDINGS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund1.1b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV1.1b	AUM5.4b	#Funds12
Adviser BLACKSTONE PRIVATE CREDIT STRATEGIES LLC	Hedge Fund2.2b	Liquidity Fund-	Private Equity Fund23.6b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV25.8b	AUM28.3b	#Funds64
Adviser H.M. PAYSON	Hedge Fund-	Liquidity Fund-	Private Equity Fund29.1m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV29.1m	AUM8.1b	#Funds1
Adviser SIGNATUREFD, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund251.0m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV251.0m	AUM8.3b	#Funds3
Adviser PATRIA CAPITAL PARTNERS LLP	Hedge Fund-	Liquidity Fund-	Private Equity Fund474.7m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV474.7m	AUM3.2b	#Funds25
Adviser INCLINE EQUITY PARTNERS	Hedge Fund-	Liquidity Fund-	Private Equity Fund9.3b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV9.3b	AUM5.7b	#Funds47

Brochure Summary

Overview

Waterous was founded in 2017 by Adam Waterous, an investment professional who has been active in the oil and gas market since 1991. Waterous is organized as a Delaware limited liability company, wholly-owned by Waterous Energy Fund Management Corp., an Alberta, Canada, corporation managed by Mr. Waterous. Waterous provides advisory services to Waterous Energy Fund Management Corp., (“Canadian Adviser”). The Canadian Adviser provides management and advisory services to privately offered pooled investment vehicles (each a “Fund,” and collectively, the “Funds”). Through a sub-advisory relationship with the Canadian Adviser, Waterous also provides sub-advisory services to the Funds. Investors in the Funds include, but are not limited to, global investment funds, corporate entities, family offices, high net- worth individuals and financial institutions. The advisory services provided by Waterous include advising and investigating potential investments, advising on the merits, risks, structure and financing of the acquisition and disposition of investments, and monitoring investments. Waterous will provide investment management advice in accordance with the particular investment objectives, restrictions,

applicable law, and guidelines set forth in each Fund’s constituent documents and offering memoranda (“Governing Documents”). Capitalized terms used herein, but not defined, are defined in the Governing Documents. Waterous does not currently participate in any wrap fee programs and does not anticipate doing so in the future. Currently, Waterous only offers its advisory services to the Canadian Adviser and the Funds and neither enters into nor offers investment management or advisory services to individuals or institutions that may be investors within the Funds. In accordance with common industry practice, a Fund or its general partner may from time to time enter into a “side letter” or similar agreement with an investor pursuant to which the Fund or its general partner grants the investor specific rights, benefits or privileges that are not generally made available to all investors. See “Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss” below for more details. As of December 31, 2023, Waterous advises approximately $3,966,342,875 in regulatory assets on a non-discretionary basis. Waterous does not currently manage any regulatory assets on a discretionary basis.

WATEROUS ENERGY FUND MANAGEMENT (US), LLC

Adviser Profile

Details

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Private Funds Structure

Similar advisers

Brochure Summary

Overview