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Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 4
of those in investment advisory functions 3
Registration SEC, Approved, 4/13/2006
AUM* 594,597,705 1.26%
of that, discretionary 594,597,705 1.26%
Private Fund GAV* 453,569,040 -0.51%
Avg Account Size 29,729,885 1.26%
SMA’s Yes
Private Funds 11 1
Contact Info (28 xxxxxxx
Websites

Client Types

- Individuals (other than high net worth individuals)
- Pooled investment vehicles
- Corporations or other businesses not listed above
- Other

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

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

Recent News

Reported AUM

Discretionary
Non-discretionary
2B 2B 1B 1B 844M 563M 281M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$21,207,232
Fund TypePrivate Equity Fund Count10 GAV$432,361,808

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Brochure Summary

Overview

BlackGold Capital Management, LP (the “Adviser”) was founded in April 2006. The Adviser’s general partner is BlackGold Capital Advisors, LLC, a Texas limited liability company controlled by Erik Dybesland and Adam Flikerski (the “Principals”). The Adviser provides investment management services to BlackGold Opportunity Fund LP, BlackGold Opportunity Offshore Fund, Ltd., BlackGold Private Energy Partners LP, BlackGold Private Energy Partners II LP, BlackGold SPV I LP, BlackGold SPV II LP, BlackGold SPV III LP, BlackGold SPV IV LP, BlackGold SPV V LP, BlackGold SPV VI LP, BlackGold Opportunity Fund Private LP, and BlackGold MPE LP, all of which are pooled investment vehicles (collectively referred to herein as the “Funds”). The Adviser also provides investment management services for separately managed accounts (together with the Funds, the “Clients”). The Adviser expects that a
significant portion of the Clients’ investments will focus on the natural resources and energy-related industries (including exploration and production, oilfield services, refining and marketing, pipelines/midstream, utilities, shipping, chemicals, metals, mining, general industrials, alternative energy and coal). By concentrating its assets in a single industry, the Adviser’s investment advice provided to the Funds is limited to those types of investments. In certain situations, the Adviser has tailored its advisory services to the individual needs of the holders of separately managed accounts. The Adviser may vary its services with respect to restriction requests or individual needs in its sole discretion. As of December 31, 2023, the Adviser has approximately $594,597,705 of discretionary regulatory assets under management and $0 in non-discretionary assets under management.