THE SALIENT ZARVONA ENERGY FUND GP, L.P. other names

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Adviser Profile

As of Date:

03/29/2024

Adviser Type:

- Large advisory firm


Number of Employees:

5 25.00%

of those in investment advisory functions:

5 25.00%


Registration:

SEC, Approved, 7/8/2015

Other registrations (2)
AUM:

297,885,150 -2.50%

of that, discretionary:

297,885,150 -2.50%

GAV:

297,885,150 -2.50%

Avg Account Size:

74,471,288 -2.50%


SMA’s:

NO

Private Funds:

4

Contact Info

713 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
393M 336M 280M 224M 168M 112M 56M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Global Fund Performance Report (as of Q2 2022 with preliminary Q3 2022 data) - PitchBook
02/01/2023

The Global Fund Performance Report (as of Q2 2022 with preliminary Q3 2022 data) offers commentary on the salient trends across private fund ...

pitchbook.com

Ramban college students urged to focus on entrepreneurial capabilities
04/03/2021

Speaking on the occasion, the GM, DIC highlighted the salient features of the Prime Minister’s Employment ... Jammu and Kashmir Rural Employment of Traditional Industries and Scheme of Funds for Rejuvenation of Traditional Industries.

indiaeducationdiary.in

Gov. Cuomo Confirms and Details New York Recreational Marijuana Legalization Bill; Vote Could Occur Within Days
04/02/2021

He also provided the salient details of the proposed legislation. For marijuana retailers, if the bill is passed into law, the state would form a two-tier licensing structure. Under this regime ...

fool.com

Matt Gaetz’s claim that ‘travel records’ debunk the allegations against him
04/01/2021

“If this was just personal travel, and he wasn’t using campaign or official funds, there’s no disclosure,” said Jordan Libowitz, communications director for the watchdog group Citizens for ...

washingtonpost.com

Do not implement tariff reduction and MAV expansion
04/01/2021

while they continue to have their requests denied because of alleged lack of funds. In addition, these subsidized imports with the lowered tariffs will harm both current pork production and dampen ...

philstar.com

Cable Tie Guns Market 2021 : Emerging Opportunities, Industry Statistics, Market Size, Revenue and Volume Analysis by 2026 with Top Countries Data
04/01/2021

One of the salient features of cable tie guns market is the impact of cable tie development market, since these guns are frequently used in various applications for safe and secure routing of wire ...

Market Watch


Private Funds Structure

Fund Type Count GAV
Hedge Fund 3 $273,579,361
Other Private Fund 1 $24,305,789

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Private Funds



Employees




Brochure Summary

Overview

The Salient Zarvona Energy Fund GP, L.P. (the “Firm”) is an SEC-registered investment adviser with its principal place of business in Houston, Texas. The Firm is owned primarily by Westwood Holdings Group, Inc. (“Westwood”) formerly Salient Partners, L.P. (“Salient Partners”), Zarvona Energy LLC (“Zarvona Energy”), and The Salient Zarvona Energy GP LLC (the “GP”). Zarvona Energy is a privately-held, independent oil & gas production and acquisition company headquartered in downtown Houston, Texas and founded in 2010 and principally owned by Kathryn S. MacAskie. In 2011, Zarvona Energy entered into a joint venture with Salient Partners to lead an effort to acquire, further develop, and produce mature, long-lived oil and gas assets. Zarvona Energy and its affiliates currently own interests in operated oil and gas fields in Texas, Oklahoma, and Louisiana in addition to non-operated fields in New Mexico. Investment Management Services The Salient Zarvona Energy Fund GP, L.P. sponsors and serves as a discretionary fund manager to certain private equity funds (the “Funds”). The Firm provides fund management and investment advisory services relating to the acquisition, development, ownership, operation and sale of oil and gas interests. The Funds are private, closed-end investment funds. Generally, a Fund has a “hard-cap” on the aggregate amount of money that the Firm can raise for that particular Fund (the “Capital Commitment Ceiling”). The Funds receive unfunded capital commitments (“Capital Commitments”) from the Firm and Limited Partners (“LPs” or “Investors”) during one or more initial fundraising stages, after which the Funds are generally closed to new investors. Each Fund is structured as a limited partnership, with the Firm or a wholly-owned subsidiary of the Firm serving as the general partner of the Funds. During the life of a Fund, the general partner will, from time to time, call on the Investors to make capital contributions (each a “Capital Contribution”, and collectively, “Capital Contributions”) in proportion
to their respective Capital Commitments in order to satisfy one or more capital calls for expenses, fees, or project investments (each a “Call for Capital”). The primary business of the Funds is to invest directly in U.S. onshore oil and gas assets. The Firm currently provides fund management and investment advisory services to the following Funds:
• The Salient Zarvona Energy Fund, L.P. (“Fund I”)
• Salient Zarvona Energy Fund II-A, L.P. (“Fund II-A”)
• Salient Zarvona Energy Fund II-B, L.P. (“Fund II-B”)
• Chalk II-4 Co-Invest, L.P. (“Chalk II-4 Co-Invest”) The general partners through which the Firm manages Fund II-A, Fund II-B, and Chalk II-4 Co-Invest file a single Form ADV with the Firm in reliance on the position expressed by the SEC staff in the no- action letter issued to the American Bar Association, Business Law Section, on January 12, 2012. References to the Firm below include these two subsidiaries. The Funds are not required to register under the Securities Act of 1933 or the Investment Company Act of 1940 in reliance upon certain available exemptions. 5 | P a g e Assets under Management The Firm manages each Fund on a discretionary basis in accordance with the applicable Fund’s offering and organizational documents (in each case, the “Fund’s Organizational Documents”). Discretionary assets under the Firm’s management were $305.5 million as of December 31, 2022. The Firm does not manage any assets on a non-discretionary basis. Important Additional Considerations The information provided herein merely summarizes the detailed information provided in each Fund’s Organizational Documents. Current and prospective Limited Partners (each a “Limited Partner” or “LP”) in any Fund launched by the Firm should be aware of the risks associated with Fund investments as well as the terms applicable to such investment. This and other detailed information are provided in each respective Fund’s Organizational Documents.