Maven Royalty Management, LLC

Maven Royalty Partners, LLC, established in 2016, specializes in acquiring mineral and royalty interests in unconventional resource plays across the United States. The firm provides investment advisory services to private funds, Maven Royalty Fund, LP, and Maven Royalty 2, LP. Maven's assets under management were approximately $149,955,739 as of December 31, 2022, managed on a discretionary basis. Clients must be accredited investors, with a minimum initial investment of $1 million, although lower investments may be permitted at the General Partner's discretion. Management fees are based on the total capital commitments of limited partners, with additional expenses paid by the Funds. Maven may receive a carried interest allocation of 15% to 25% of distributions from the Funds. The firm's investment strategy focuses on acquiring mineral and royalty interests directly from owners, aiming to deliver superior risk-adjusted returns. Maven employs a technical reserve-based analysis and actively manages the portfolio to enhance returns. Maven has a written code of ethics, ensuring client interests are prioritized, and monitors employee trading activities. The firm complies with custody rules, conducts annual audits, and has discretionary authority over client investments. In the event of proxy voting, Maven reviews and votes in the best interest of clients. Maven does not have prepayment requirements or financial conditions necessitating disclosure beyond the provided information. For further details, clients can contact Maven directly.