Sourcerock Group LLC

Sourcerock Group LLC, established in January 2020 and based in Denver, Colorado, is an investment manager specializing in long and short investments in equities, fixed income securities, commodities, and derivatives. The firm manages approximately $2.6 billion in regulatory assets as of December 31, 2024, offering discretionary investment management services to private investment funds and institutional clients. Sourcerock charges management fees ranging from 0% to 1.50% per annum and incentive allocations of 15% to 55% of net eligible profits. The firm may invest client assets in mutual funds, MLPs, and ETFs, incurring additional fees. Investment strategies focus on capital appreciation through fundamental analysis and macro trend analysis. Risks include market volatility, energy commodities, non-US securities, derivatives, and cybersecurity. Sourcerock maintains a Code of Ethics, investment discretion, and proxy voting authority. The firm uses soft dollars for research services and engages in cross trades. Client accounts are reviewed regularly, and custody is held by qualified custodians. Sourcerock's financial stability is sound, with no bankruptcy history or financial conditions impairing client commitments. For more detailed information, clients can request the firm's proxy voting policies and procedures.