PETROCAP, LLC

other names
{{ Info.Overview }}
Revenue {{ Info.Revenue | formatUSD }}
Headquarters {{ Info.Headquarters }}
cb

Adviser Profile
As of Date 04/26/2024
Adviser Type - Large advisory firm
Number of Employees 16 14.29%
of those in investment advisory functions 8
Registration SEC, Approved, 3/28/2014
AUM* 914,285,674 -9.36%
of that, discretionary 914,285,674 -9.36%
Private Fund GAV* 911,349,306 -26.81%
Avg Account Size 152,380,946 -9.36%
SMA’s No
Private Funds 6
Contact Info 214 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
1B 865M 721M 576M 432M 288M 144M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count3 GAV$675,310,164
Fund TypeReal Estate Fund Count3 GAV$236,039,142

Similar advisers

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 LONE STAR FUNDS Hedge Fund23.1b Liquidity Fund- Private Equity Fund10.9b Real Estate Fund2.1b Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV36.2b AUM36.2b #Funds37
Adviser MSD PARTNERS, L.P. Hedge Fund7.1b Liquidity Fund- Private Equity Fund3.5b Real Estate Fund7.6b Securitized Asset Fund603.5m Venture Capital Fund- Other Fund- Total Private Fund GAV18.7b AUM24.1b #Funds44
Adviser RED DOOR WEALTH MANAGEMENT, LLC Hedge Fund39.6m Liquidity Fund- Private Equity Fund69.6m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV109.2m AUM1.8b #Funds4
Adviser SWS PARTNERS, LLC Hedge Fund2.7m Liquidity Fund- Private Equity Fund4.8m Real Estate Fund1.8m Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV9.2m AUM353.6m #Funds5
Adviser SEPIO CAPITAL, LP Hedge Fund135.5m Liquidity Fund- Private Equity Fund161.3m Real Estate Fund73.8m Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV370.7m AUM6.7b #Funds9
Adviser TIEDEMANN ADVISORS, LLC Hedge Fund3.1b Liquidity Fund- Private Equity Fund559.9m Real Estate Fund218.9m Securitized Asset Fund- Venture Capital Fund- Other Fund384.6m Total Private Fund GAV4.3b AUM25.3b #Funds25
Adviser METLIFE INVESTMENT MANAGEMENT, LLC Hedge Fund551.9m Liquidity Fund- Private Equity Fund2.0b Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV2.5b AUM499.5b #Funds10
Adviser FIRST TRUST CAPITAL MANAGEMENT L.P. Hedge Fund482.7m Liquidity Fund- Private Equity Fund1.0b Real Estate Fund236.8m Securitized Asset Fund- Venture Capital Fund- Other Fund79.9m Total Private Fund GAV1.8b AUM6.4b #Funds11
Adviser PARTNERS CAPITAL INVESTMENT GROUP, LLP Hedge Fund9.7b Liquidity Fund- Private Equity Fund6.1b Real Estate Fund22.0m Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV15.9b AUM35.3b #Funds57
Adviser PERMIT CAPITAL, LLC Hedge Fund542.0m Liquidity Fund- Private Equity Fund3.6m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV545.6m AUM545.6m #Funds13

Brochure Summary

Overview

PetroCap is a Delaware limited liability company with a principal place of business in Dallas, Texas. The Firm provides discretionary investment advisory services to pooled investment vehicles that specializes in investments in the oil and gas and solar sectors. This Form ADV Part 2A applies to PetroCap and its relying adviser, Aplomado. PetroCap is the investment adviser to PetroCap Partners II, L.P., and PetroCap Partners III, L.P. (the “PetroCap Funds”) and a related co-investment entity, Four Rivers Co-Invest, L.P. (“Four Rivers”). Aplomado is the investment adviser to Aplomado Partners I-A, LP (Fund 1-A”), Aplomado Partners I-B, LP (“Fund 1-B”), and Aplomado Partners Holding I, LLC (collectively, the “Aplomado Funds”, and together with the PetroCap Funds and Four Rivers, the “Funds”). OWNERSHIP PetroCap was formed in 2014 and its principal owners are William Britain, Marc Manzo, and David Hopson. TYPES OF ADVISORY SERVICES The Funds are currently the sole advisory clients of the Company. The PetroCap Funds generally invest in stand-alone oil and natural gas projects with a focus on the
“upstream” or exploration and production (E&P) segment of the domestic oil and natural gas industry. Four Rivers generally invests in an upstream and midstream oil and gas project in the San Juan Basin. The Aplomado Fund generally invests in solar royalties through the acquisition of land and lease payment rights under photovoltaic (PV) solar farms that are in current operation as well as those in the development phase. TAILORING SERVICES The Company provides investment advice directly to the Funds and does not tailor its services individually to the investors. The Company invests in a manner which is consistent with the stated investment objectives as detailed in the private placement memorandum and limited partnership agreement (the “governing documents”) of the Funds. WRAP FEE PROGRAMS The Company does not participate in wrap fee programs. REGULATORY ASSETS UNDER MANAGEMENT As of December 31, 2023, the Company managed approximately $914 million in regulatory assets under management, on a discretionary basis. The Company does not manage any client assets on a non-discretionary basis.