Brigham Management, LLC

Brigham Management, LLC is a federally registered investment adviser based in Austin, Texas, established in 2018. The firm specializes in providing discretionary investment advisory services to privately offered pooled investment vehicles exempt from registration under the Investment Company Act of 1940. The firm's principal owner is Ben "Bud" Brigham. Brigham manages regulatory assets under management of $819,871,195 for the Funds it advises. The firm's investment strategy involves acquiring non-operating working interests in oil and gas reserves in the continental United States. For clients interested in investing in the Funds, the minimum investment is $100,000. Brigham does not participate in wrap fee programs and does not charge a management fee for certain Funds. Instead, the firm receives carried interest based on the performance of the Funds. Brigham emphasizes the risks associated with investments in the oil and gas industry, including operational risks, market volatility, and lack of diversification. Clients are advised to carefully evaluate the risks involved, as investments are long-term and speculative in nature. Brigham has a Code of Ethics in place to address potential conflicts of interest and ensure compliance with securities laws. The firm may engage in other investment activities and business opportunities, potentially diverting resources away from managing the Funds exclusively. Clients are encouraged to review the comprehensive financial reports provided by Brigham and exercise caution regarding the tax implications and liquidity risks associated with investing in the Funds.