Aethon Energy Management

Aethon Energy Management LLC, established in 2014, specializes in providing investment management services to affiliated private pooled investment funds focusing on oil and natural gas properties and assets. The firm, wholly-owned by Gordon Huddleston, manages approximately $673 million in gross regulatory assets under management as of December 31, 2024, in a discretionary manner. The Aethon Funds primarily cater to institutional investors, high net worth individuals, and related investment entities, with a minimum investment generally set at $1 million. Aethon's investment philosophy involves acquiring onshore oil & gas assets with minimal development risk and significant upside potential, emphasizing downside protection and capital preservation. The firm's investment strategies are detailed in the applicable offering and governing documents of the Aethon Funds. Aethon does not generally use soft dollars or brokerage relationships for compensation or referrals. The firm exercises investment discretion for the Aethon Funds, subject to the oversight of the General Partners. Aethon's custody practices comply with Rule 206(4)-2, and the firm provides audited financial statements to investors within 120 days after the fiscal year-end. Aethon has no disciplinary events to disclose and has established a Code of Ethics to govern personal transactions and insider trading policies. The firm's proxy voting policy ensures voting in the best interests of the Aethon Funds. Aethon is financially sound and has no known conditions impairing its ability to meet contractual commitments.