FOUNDATION ENERGY MANAGEMENT
FOUNDATION ENERGY MANAGEMENT, LLC Legal Name
Adviser information for FOUNDATION ENERGY MANAGEMENT last updated from Form ADV on March 25th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Texas, United States |
Employees
| Total Number of Employees | 120 |
|---|---|
| Investment Advisory/Research | 10 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 9 | $363.6M |
| Non-Discretionary | 0 | $0 |
| Total | 9 | $363.6M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 9 | $363.6M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-73633 |
|---|---|
| SEC ERA File Number | 801-73633 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 161141 |
| Legal Entity Identifier | 549300KYFDTUGIQPYI42 |
Principal Office
5057 KELLER SPRINGS ROADSUITE 650
ADDISON
TX
United States
Monday - Friday, 8AM - 5PM
Tel: 972-707-2500, Fax: 972-934-8610
Websites
Chief Compliance Officer
JEFFREY M. STARK
GENERAL COUNSEL
5057 KELLER SPRINGS ROAD
SUITE 650
ADDISON
TX
United States
Tel:
972-707-2508
Fax:
972-934-8610
J*****@*******************M
(Full email address available in API data)
Regulatory Contact
EDDIE WAYNE RHEA
PRESIDENT AND CHIEF EXECUTIVE OFFICER
5057 KELLER SPRINGS ROAD
SUITE 650
ADDISON
TX
United States
Tel:
972-707-2503
Fax:
972-934-8610
E****@*******************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| FOUNDATION ENERGY FUND II, L.L.C. | OIL AND GAS FUND | $0.1M | $0.3M | 16 |
| FOUNDATION ENERGY FUND III - A, L.P. | OIL AND NATURAL GAS | $1.3M | $0.3M | 10 |
| FOUNDATION ENERGY FUND III - B, L.P. | OIL AND GAS FUND | $1.4M | $0.3M | 4 |
| FOUNDATION ENERGY FUND IV - A, L.P. | OIL AND NATURAL GAS | $7.9M | $0.3M | 21 |
| FOUNDATION ENERGY FUND IV - B, L.P. | OIL AND NATURAL GAS | $10.8M | $0.3M | 9 |
| FOUNDATION ENERGY FUND V - A, L.P. | OIL AND NATURAL GAS | $23.7M | $0.3M | 15 |
| FOUNDATION ENERGY FUND V - B CORE, L.P. | OIL AND NATURAL GAS | $33.4M | $0.3M | 5 |
| FOUNDATION ENERGY FUND VI - A, L.P. | OIL AND NATURAL GAS | $150.3M | $0.3M | 10 |
| FOUNDATION ENERGY FUND VII - A, L.P. | OIL AND NATURAL GAS | $134.5M | $0.3M | 2 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| FOUNDATION ENERGY COMPANY, LLC | Domestic Entity | – | SOLE MEMBER, FOUNDATION ENERGY MANAGEMENT, LLC | 04/2005 | > 75% |
| RHEA, EDDIE, WAYNE | Individual | – | PRESIDENT AND CHIEF EXECUTIVE OFFICER, FOUNDATION ENERGY MANAGEMENT, LLC | 07/2005 | < 5% |
| RHEA, EDDIE, WAYNE | Individual | FOUNDATION ENERGY COMPANY, LLC | ELECTED MANAGER AND MEMBER | 07/2004 | 25-50% |
| STARK, JEFFREY, MICHAEL | Individual | – | CHIEF COMPLIANCE OFFICER, FOUNDATION ENERGY MANAGEMENT, LLC | 02/2012 | < 5% |
| DUPRE, CORNELIUS, (NO MIDDLE NAME) | Individual | FOUNDATION ENERGY COMPANY, LLC | ELECTED MANAGER AND MEMBER | 05/2005 | |
| THOMPSON, WILLIAM, MCILWAINE | Individual | FOUNDATION ENERGY COMPANY, LLC | ELECTED MANAGER AND MEMBER | 05/2005 | |
| BROCKETT, PETER, CHARLES | Individual | FOUNDATION ENERGY COMPANY, LLC | ELECTED MANAGER AND MEMBER | 05/2005 | |
| Garvin, Julie, A | Individual | FOUNDATION ENERGY COMPANY, LLC | ELECTED MANAGER | 08/2017 | |
| PAYNE, RICHARD, L. | Individual | FOUNDATION ENERGY COMPANY, LLC | ELECTED MANAGER AND MEMBER | 06/2018 |