PARALLEL RESOURCE PARTNERS, LLC
Adviser information for PARALLEL RESOURCE PARTNERS, LLC last updated from Form ADV on March 30th, 2023. 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 | Delaware, United States |
Employees
| Total Number of Employees | 0 |
|---|---|
| Investment Advisory/Research | 0 |
| 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 | 6 | $47.0M |
| Non-Discretionary | 0 | $0 |
| Total | 6 | $47.0M |
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 | 5 | $46.5M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 1 | $520,951 |
| 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 | 50 |
Services
| Advisory Services | Portfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Principal Office
300 CRESCENT COURTSUITE 1860
DALLAS
TX
United States
Monday - Friday, 8 AM - 5 PM
Tel: 469-398-2200, Fax: 214-855-2265
Chief Compliance Officer
JOSEPH J. SCAVETTI JR.
3 CANAL PLAZA
3RD FLOOR
PORTLAND
ME
United States
Tel:
484-588-2116
J**************@************M
(Full email address available in API data)
Regulatory Contact
JONATHAN SIEGLER
CHIEF FINANCIAL OFFICER AND MANAGING DIRECTOR
300 CRESCENT COURT
SUITE 1860
DALLAS
TX
United States
Tel:
469-398-2205
J*******@********************M
(Full email address available in API data)
Industry Affiliates
| BLUESCAPE ENERGY PARTNERS, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| BLUESCAPE RESOURCES COMPANY LLC | Sponsor, GP, manager of pooled investment vehicles |
| CARLSON CAPITAL GP LP | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| CARLSON CAPITAL UK LLP | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| CARLSON CAPITAL, L.P. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| CARLSON CAPITAL, L.P. | Other investment adviser, including financial planners |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| ENERGY RECAPITALIZATION AND RESTRUCTURING FI FUND L.P. | Private Equity Fund | $0.5M | $10.0M | 1 |
| ENERGY RECAPITALIZATION AND RESTRUCTURING FI II FUND L.P. | Private Equity Fund | $1.2M | $10.0M | 5 |
| ENERGY RECAPITALIZATION AND RESTRUCTURING FUND, L.P. | Private Equity Fund | $2.8M | $10.0M | 33 |
| ERR IP HOLDINGS, L.P. | Private Equity Fund | $0.7M | $0.0M | 1 |
| ERR MI HOLDINGS, L.P. | Private Equity Fund | $0.3M | $0.0M | 1 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| CARLSON, CLINT, DUANE | Individual | – | MANAGER | 02/2011 | < 5% |
| WILDER, C, JOHN | Individual | – | MANAGER AND CHAIRMAN | 02/2011 | < 5% |
| HULME, RONALD, CARL | Individual | – | MANAGER AND CEO | 02/2011 | < 5% |
| HOWIE, JOHN | Individual | – | MANAGER | 02/2011 | < 5% |
| SIEGLER, JONATHAN, A | Individual | – | MANAGER AND CFO | 02/2011 | < 5% |
| CARLSON ENERGY PARTNERS I LLC | Domestic Entity | – | MEMBER | 02/2011 | 50-75% |
| BRC ENERGY PARTNERS LLC | Domestic Entity | – | MEMBER | 02/2011 | 50-75% |
| CARLSON ENERGY CORP. | Domestic Entity | CARLSON ENERGY PARTNERS I LLC | MEMBER | 06/2011 | 50-75% |
| BLUESCAPE RESOURCES COMPANY LLC | Domestic Entity | BRC ENERGY PARTNERS LLC | MEMBER | 11/2010 | > 75% |
| CARLSON, CLINT, DUANE | Individual | CARLSON ENERGY PARTNERS I LLC | MANAGER | 02/2011 | |
| CARLSON, CLINT, DUANE | Individual | CARLSON ENERGY CORP. | SHAREHOLDER | 06/2011 | > 75% |
| WILDER, C, JOHN | Individual | BLUESCAPE RESOURCES COMPANY LLC | MEMBER | 02/2011 | > 75% |
| HULME, RONALD, CARL | Individual | CARLSON ENERGY PARTNERS I LLC | MANAGER AND MEMBER | 02/2011 | 25-50% |
| HOWIE, JOHN | Individual | CARLSON ENERGY PARTNERS I LLC | MANAGER AND MEMBER | 02/2011 | |
| SCAVETTI, JOSEPH, JULIAN | Individual | – | CCO | 05/2018 | < 5% |