Grey Rock Management Partners Iv, LLC

Grey Rock Management Partners IV, LLC, Grey Rock Management Partners V, LLC, and GRIP Energy Transition Management, LLC are registered investment advisers with the SEC, collectively known as Grey Rock Investment Partners. Established in 2021, they specialize in providing discretionary investment advisory services to private investment funds, focusing on diversified non-operated oil and gas assets in North America and investments to reduce CO2 emissions. The firm's team, led by Matt Miller and Thad Darden, manages and controls the entities. The Funds managed by Grey Rock have a minimum initial investment requirement ranging from $1 million to $10 million. The firm's fee structure includes management fees based on capital commitments and carried interest distributions. Grey Rock exercises investment discretion over the Funds and has established an Investment Committee for each Fund. The firm follows a Code of Ethics, reviews accounts regularly, and exercises voting authority over client securities. Grey Rock maintains custody of client assets with an independent custodian and has no disciplinary events in the past 10 years. The firm's financial condition is stable, with no bankruptcy filings or expected financial issues. For more detailed financial information, clients can request copies of the firm's financial statements.