9AT: BASA ADVISORS

other names

BASA ADVISORS
BASA RESOURCES, INC.
BASA RESOURCES
BASA ADVISORS, LLC

Adviser Profile

As of Date	03/26/2025
Registration	SEC, Approved, 07/13/2018
ADV Location	DALLAS, TX, United States
Contact Info	214 xxxxxxx
Websites

AUM^*	110,445,373 3%
of that, discretionary	110,445,373 -22%
Private Fund GAV^*	110,445,373 0%
Avg Account Size	110,445,373 57%
SMA’s	No
Private Funds	1 1

Adviser Type

- Large advisory firm

Number of Employees 16 -6%

of those in investment advisory functions 5 -17%

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

SEC Fund Type	Count	GAV
Fund TypePrivate Equity Fund	Count1	GAV$110,445,373

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 RECIPROCAL CAPITAL	Hedge Fund-	Liquidity Fund-	Private Equity Fund21.9m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV21.9m	AUM126.5m	#Funds1
Adviser HILCO INVESTMENT ADVISORS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM143.0m	#Funds-
Adviser GOLDIRON GP LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund264.2m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV264.2m	AUM264.2m	#Funds1
Adviser NORTHERN PACIFIC GROUP, L.P.	Hedge Fund-	Liquidity Fund-	Private Equity Fund61.2m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV61.2m	AUM151.1m	#Funds4
Adviser NORTHERN PACIFIC GROWTH INVESTMENT ADVISORS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund90.0m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund125.0m	Other Fund-	Total Private Fund GAV340.0m	AUM151.1m	#Funds4
Adviser SOUTH HARBOR MANAGEMENT LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM55.7m	#Funds-
Adviser REFINED WEALTH MANAGEMENT	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM188.7m	#Funds-
Adviser JUNIPER CAPITAL INVESTMENT MANAGEMENT, L.P.	Hedge Fund-	Liquidity Fund-	Private Equity Fund355.5m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV355.5m	AUM355.5m	#Funds2
Adviser EPIC FUNDS	Hedge Fund-	Liquidity Fund-	Private Equity Fund146.0m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund20.0m	Total Private Fund GAV166.0m	AUM146.0m	#Funds8
Adviser ID FUNDS ADVISOR LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund316.3m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund203.4m	Total Private Fund GAV519.7m	AUM260.1m	#Funds71

Brochure Summary

Overview

For purposes of this Brochure, the “Adviser” means collectively, BĀSA Advisors, LLC, BĀSA PetroFund Management, Ltd. and BĀSA PetroFund Management II, Ltd. who are “Relying Advisers” of BĀSA Resources, Inc. BĀSA Resources, Inc. (“BĀSA Resources”) is an oil and gas operating company located in Dallas, Texas. BĀSA Resources conducts its investment advisory business as and through its affiliate, BĀSA Advisors, LLC (“BĀSA”), which provides investment advisory services to two pooled investment vehicles, BĀSA PetroFund I, L.P. (“Fund I”) and BĀSA PetroFund II, L.P. (“Fund II”), that are exempt from registration under the Investment Company Act of 1940, as amended (the “Investment Company Act”) and whose securities are not registered under the Securities Act of 1933, as amended (the “Securities Act”), (each individually a “Fund” or “Client” or together, the “Funds” or the “Clients”). PetroFund Management, Ltd., the general partner of Fund I, and PetroFund Management II, Ltd., the general partner of Fund II, are referred to as the General Partner of their respective fund or collectively as the “General Partners”, as appropriate. BĀSA Resources was formed in 1989 by Michael N. Foster, Jr. and

Lary D. Knowlton. They are the primary equity owners of BĀSA Resources. BĀSA Resources is the sole owner of BĀSA. The Adviser provides investment supervisory services to each Fund in accordance with the offering memorandum and limited partnership agreement of such Fund (the “Organizational Documents”). The Funds are subject to the investment strategies and investment restrictions set forth in the Fund offering materials. As of April 2023, Fund I sold its oil and gas interests to another institutional oil and gas investor, Camterra Resources Partners, Ltd. Fund I is currently in the process of winding down, and is scheduled to complete its final audit in 2024. Fund II, formed in 2017, is past its commitment period, and currently investments in oil and gas interests. Pursuant to the Organizational Documents, Fund II is permitted to reinvest all net cash flow in excess of the stated preferred return in new investments until October 2025, although it does not currently intend to make such additional investments. The Adviser does not participate in wrap fee programs. As of December 31, 2023, the Adviser managed approximately $107,134,151 in portfolio assets, all of which were managed on a discretionary basis.

BASA ADVISORS

Adviser Profile

Details

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Private Funds Structure

Similar advisers

Brochure Summary

Overview