Overview
A. Background and Principal Owners
Hull Street Energy, LLC (“Hull Street”), founded in 2014, operates as an energy-focused
investment management firm targeting investments in the North American power sector as the
economy electrifies and decarbonizes. Hull Street is headquartered in Bethesda, Maryland and is
principally controlled by Sarah Wright and led by Sarah Wright, Mark Orman, Matthew Willis,
and Michael Booth (the “Founding Partners”). The Hull Street team is led by the Founding
Partners, as well as Steven Morris and David Meeker (together with the Founding Partners, the
“Principals”).
As of the date of this Brochure, Hull Street provides investment advisory and management
services for the following investment vehicles (each a “Fund” and, collectively, the “Funds”):
Hull Street Energy Partners I, L.P. (collectively with Fund I-P, “Fund I”),
Hull Street Energy Partners I (Parallel), L.P. (“Fund I-P”),
Hull Street Energy Partners I-A, L.P. (“Fund I-Blocker”),
Hull Street Energy Co-Invest Fund I-A, LP (“Co-Invest I-A”),
HSE Hydro NE Co-Invest Fund, L.P. (“Hydro NE Co-Invest”),
Hull Street Energy Partners II, L.P. (collectively with Fund II-P, “Fund II”),
Hull Street Energy Partners II (Parallel), L.P. (“Fund II-P”);
HSE MPH Sunrise Co-Investment, L.P. (“Sunrise Co-Invest”), and
HSE MPH Sunrise Co-Investment Blocker, L.P. (“Sunrise Co-Invest Blocker”).
Hull Street’s managed investment vehicles will
typically be formed as limited partnerships
with affiliate(s) of Hull Street acting as the general partners.
B. Types of Advisory Services
Currently, Hull Street provides investment advisory and management services to the Funds.
Fund I has a broad investment mandate, seeking long-term capital appreciation through a variety
of investments in the middle market energy sector in the United States and Canada. Fund I-P is a
dedicated parallel investment vehicle. Fund I-Blocker was formed during 2019 as a feeder fund
to Fund I to accommodate certain tax-sensitive investors in Fund I. The investment period for
Fund I terminated as of December 31, 2021.
Fund II has a broad investment mandate, seeking long-term capital appreciation through a
variety of investments in the middle market energy sector in the United States and Canada.
Fund II-P is a dedicated parallel investment vehicle that will invest pro rata in the Fund II portfolio
investments.
Co-Invest I-A and Hydro NE Co-Invest (collectively, the “Co-Invest Funds”) were
established prior to Fund I, as dedicated co-invest vehicles for the purpose of warehousing portions
of investments (directly or indirectly through one or more holding companies or special purpose
vehicles) in single portfolio investments pending the Fund I launch. Additional details regarding
the warehousing and transfer of Co-Invest Fund investments are further described below in