Scout Energy Management LLC

Scout Energy Management LLC, established in 2011, provides discretionary advisory services to private investment funds focused on direct investments in oil and gas assets in the United States. The firm manages approximately $1.72 billion in assets as of December 31, 2024. Clients include pension plans, endowments, high net worth individuals, and corporate entities. The firm charges management fees based on capital commitments and net invested capital, with reduced fees for certain limited partners. Investment strategies include acquiring quality upstream oil and gas assets and developing leasehold acreage. The firm engages in over-the-counter derivative transactions for commodity price risk management. Clients are subject to risks such as industry concentration, lack of liquidity, and geopolitical factors. The firm's investment team conducts rigorous due diligence and valuation processes. The firm's code of ethics ensures compliance with regulations and avoidance of conflicts of interest. Clients' accounts are reviewed quarterly, and the firm has custody of client funds. The firm has discretion over client investments and votes proxies in the best interest of clients. The firm does not have any disciplinary events in the past 10 years. The firm's financial condition is stable, with no impairments likely to affect client commitments.