ONEMAP MINERAL SERVICES LLC other names

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Adviser Profile

As of Date:

05/06/2024

Adviser Type:

- Large advisory firm


Number of Employees:

24 4.35%

of those in investment advisory functions:

6 50.00%


Registration:

SEC, Approved, 1/3/2017

AUM:

658,795,293 16.13%

of that, discretionary:

446,618,964 14.62%

Private Fund GAV:

446,618,965 14.62%

Avg Account Size:

109,799,216 16.13%


SMA’s:

NO

Private Funds:

5

Contact Info

832 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
390M 334M 278M 223M 167M 111M 56M
2016 2017 2018 2019 2020 2021 2022 2023

Recent News



Private Funds Structure

Fund Type Count GAV
Private Equity Fund 5 $446,618,965

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Private Funds



Employees




Brochure Summary

Overview

OneMap was formed in January 2016 and is organized as a limited liability company under the laws of the State of Texas. As a limited liability company, OneMap is principally owned by an assemblage of entities and individuals that includes Aspect Holdings LLC, CWS Limited-Liability Company, Federal Partners, L.P., The Investment Company LLC, David H. Sims and Don Wolf. The investment activities of OneMap are led by Lawson Mackie Cannon, as Chief Executive Officer. A number of other investment professionals work with Mr. Cannon to execute OneMap’s investment strategy. Currently, OneMap serves as the investment manager and provides discretionary advisory services to three (3) private funds, which are organized as limited partnerships. Additionally, OneMap serves as the investment manager and provides non-discretionary advisory services to one (1) single purpose vehicle organized as a limited liability company (“SPV”). Collectively, these investment vehicles are known as “Funds” or “The Funds”. OneMap provides investment advice directly to the Funds and not individually to a Fund’s underlying members (“Investors”). Investment objectives, guidelines and restrictions for the Funds, are established in the applicable Fund’s offering memorandum (“Governing Documents”). In December 2022, OneMap updated its registration with the Securities and Exchange Commission to reflect a new relying investment adviser. AMP was established as a relying adviser that provides investment advice to a SPV, and in the future, privately offered pooled vehicles. AMP is owned by Aspect Holdings LLC, The Investment Company LLC, Andrew Davis, Adam Olivier, Joseph Joyce, and Kevin Hays. As of December 31, 2023, OneMap managed the Funds on a discretionary basis with $446,618,964 in regulatory assets under management. The SPV assets advised by OneMap on a non- discretionary basis totaled $212,176,329. Combined, OneMap has a total of $658,795,293 in regulatory assets under management. As of December 31, 2023, AMP managed approximately $13,850,898 in discretionary assets which is included in the firm’s overall total assets under management. OneMap Private Funds Currently, the only clients of OneMap are the Funds. OneMap provides investment advisory services to the Funds with an investment strategy designed to acquire early-stage minerals in core areas which are expected to be held for the term of the Funds. The Funds will either (i) as lessor, acquire such interests subject to, or become a party to, existing oil and gas leases which encumber the acquired mineral estate and have previously been entered into with parties who are expected to have the ability to expend the significant resources required to drill, complete and equip the oil and gas well (such parties, the “Third Party Operators/Lessees”), or (ii) in the case of unleased mineral interests, acquire the same and negotiate and enter into oil and gas leases with Third Party Operators/Lessees. As lessor under an oil and gas lease covering the mineral interest, the Funds will be entitled to receive a percentage of revenue (“royalty interest”) derived from production of the minerals, without any obligation on the part of the lessor to pay for the cost of production of the minerals. OneMap, on behalf of the Funds, expects to employ a buy‐and‐hold
strategy dedicated to generating long‐ term returns. OneMap’s fundamental approach to investing in mineral interests involves two key elements: (1) A focus on proven geographies; and (2) Transacting directly with individual mineral owners. By focusing on locations with significant recoverable oil reserves with a more expedient path towards future development, OneMap believes it is positioned to capitalize on the fragmented, mispriced, and inefficient minerals market to deliver value for the Funds’ investors. OneMap may, in the future, organize additional investment vehicles that follow an investment strategy similar to or different from the investment program of the Funds. This brochure is not intended as a sale or offering document for any security. All Funds are sold via the Funds’ Governing Documents. Please refer to the Governing Documents of the Funds for complete information about the fees, risks, strategies, expenses, legal and regulatory disclosures and other important information about the Funds. Single Purpose Vehicles Similar to the investment objective of OneMap’s other Funds, OneMap also provides non-discretionary services through a sub-advisory arrangement to private funds. These arrangements commenced on a one-on- one basis, and while not generally offered, include the provision of advice to/through an SPV. Services to the SPVs include but are not limited to, the acquisition of certain mineral assets and related land management, accounting, treasury & finance, and audit prep. Investment restrictions for the SPV, if any, are established in the applicable SPVs’ Governing Documents. AMP Single Purpose Vehicles AMP provides advisory services through a contractual arrangement to private funds with a similar investment strategy and objectives of the OneMap funds. These arrangements commenced on a one-on-one basis and include the provision of advice to/through an SPV. Services to the SPVs include but are not limited to, the acquisition of certain mineral assets and related land management, accounting, treasury & finance, and audit prep. Investment restrictions for the SPV, if any, are established in the applicable SPVs’ Governing Documents. AMP, on behalf of the Funds, expects to employ a buy‐and‐hold strategy dedicated to generating long‐term returns. AMP’s fundamental approach to investing in mineral interests involves two key elements: (1) a focus on proven geographies; and (2) transacting directly with individual mineral owners. By focusing on locations with significant recoverable oil reserves with a more expedient path towards future development, AMP believes it is positioned to capitalize on the fragmented, mispriced, and inefficient minerals market to deliver value for the Funds’ investors. AMP may, in the future, organize additional investment vehicles that follow an investment strategy similar to or different from the investment program of the Funds. All Funds are sold via the Funds’ Governing Documents. Please refer to the Governing Documents of the Funds for complete information about the fees, risks, strategies, expenses, legal and regulatory disclosures and other important information about the Funds. As of the date of this Brochure, the existing SPV has concluded its investment phase and will not be making future acquisitions.