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Adviser Profile

As of Date 03/25/2024
Adviser Type - Large advisory firm
Number of Employees 8 33.33%
of those in investment advisory functions 2
Registration SEC, Approved, 5/18/2011
AUM* 1,001,858,876 -10.67%
of that, discretionary 1,001,858,876 -10.67%
Private Fund GAV* 868,097,000 -65.12%
Avg Account Size 100,185,888 -10.67%
SMA’s No
Private Funds 9 1
Contact Info 212 xxxxxxx
Websites

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

Recent News

Reported AUM

Discretionary
Non-discretionary
9B 7B 6B 5B 4B 2B 1B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count9 GAV$868,097,000

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Brochure Summary

Overview

Luminus Management, LLC (“Luminus”, the “Company” or the “Management Company”) is a limited liability company based in Houston, TX and was founded in 2002 for the purpose of managing assets on a discretionary basis on behalf of private pooled investment vehicles. Luminus is wholly owned by Luminus Management GP, LLC. Jonathan Barrett is the principal owner and Managing Member of Luminus Management GP, LLC. Mr. Barrett is also the Chief Executive Officer and Chief Investment Officer of Luminus. Luminus presently provides investment advisory services to Luminus Energy Partners Master Fund, Ltd., Luminus Energy Partners QP, LP, Luminus Energy Itineris, LP, and Luminus Energy Partners, Ltd. (the “Energy Partners Funds”); Luminus Special Opportunities II Master Fund, Ltd, Luminus Special Opportunities II, L.P. (the “LSO II Funds”); Luminus Capital Partners Onshore, LP, Luminus Capital Partners Offshore, Ltd., and Luminus Capital Partners Master Fund, LP (the “Capital Partners Funds” and collectively with the Energy Partners Funds, and the LSO II Funds, the “Funds”). It should be noted that the Funds are each continuing to work towards a plan of liquidation and as a result, the Funds no longer accept investor subscriptions. As noted in Item 8 - Methods of Analysis, Investment Strategies and Risk of Loss, Luminus expects that each Fund will be fully liquidated in one to three years. Luminus also serves as the sub-advisor to the Iris TIME Fund, L.P. (the “Iris TIME Fund” and along with the Funds, “Clients”). The investment advisor is a related person, Iris Capital Group LLC (“Iris”). Refer to Item 10 – “Other Financial Industry Activities and Affiliations” below for further details regarding Iris. Luminus does not intend to offer sub-advisory services to additional funds or separately managed accounts in future. Investment in the Funds is limited to investors
that meet certain financial sophistication requirements. Investors in the Funds must be (i) “accredited investors” within the meaning of Regulation D under the Securities Act of 1933, as amended; and (ii) “qualified purchasers” within the meaning of the Investment Company Act of 1940, as amended. Prospective investors may be required to meet additional suitability requirements. Investors considering investment in the Funds should consult with their own investment, tax and/or legal consultants prior to investing. Luminus does not provide investment advice to individual investors in the Funds. Rather, Luminus provides investment advice to the Funds. Luminus does not participate in wrap-fee programs. Luminus may advise other clients in the future, including pooled investment vehicles and separate accounts, and may provide both discretionary and non-discretionary advisory services to clients. Luminus’ investment strategies generally focus on, but are not limited to, public companies within the power, energy, utilities and related industries and sectors, and captures investment opportunities in the broader energy ecosystem. The Funds’ advisory agreements provide Luminus with discretionary investment authority and, as such, Luminus utilizes a wide range of securities and related instruments to express its investment views. Investments utilized in the management of the Funds’ portfolios include without limitation long or short positions in public equities, bonds, notes, convertible securities, debt participations, options, warrants, derivatives, and private equities, among others. As of December 31, 2023, Luminus’ regulatory assets under management (“RAUM”) were approximately $1,001,858,876, all of which is on a discretionary basis. Please refer to the Funds’ private placement and offering memoranda for more detailed information regarding the topics discussed in this Brochure.