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Adviser Profile

As of Date 09/20/2024
Adviser Type - Large advisory firm
Number of Employees 15 15.38%
of those in investment advisory functions 10 25.00%
Registration SEC, Approved, 10/1/2018
AUM* 2,795,568,000 95.91%
of that, discretionary 2,795,568,000 95.91%
Private Fund GAV* 2,795,568,000 99.14%
Avg Account Size 399,366,857 -16.04%
SMA’s No
Private Funds 2 1
Contact Info 646 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
1B 1B 1B 815M 612M 408M 204M
2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count2 GAV$2,795,568,000

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Brochure Summary

Overview

Description of Advisory Firm Yaupon is an investment adviser with its principal place of business in New York, New York. The Investment Manager is a limited partnership formed in February 2018 under the laws of the State of Delaware. Steve Pattyn is the founder and Chief Investment Officer (“CIO”). Yaupon offers investment advisory services to private funds (referred to collectively herein as the “Funds,” and the “Clients” that are intended only for sophisticated investors. Currently, the Funds consist of:
• Yaupon Fund LP, a Delaware limited partnership (“Domestic Fund”);
• Yaupon Funds (CI) Ltd., a Cayman Islands exempted limited partnership (“Offshore Fund”); and
• Yaupon Master Fund LP, a Cayman Islands exempted limited partnership (the “Master Fund”), which serves as the master fund into which the Domestic Fund and Offshore Fund invest substantially all of their assets. The Domestic Fund and Offshore Fund may make some investments directly (instead of through the Master Fund) in certain entities or other assets (e.g., master limited partnerships) in the energy and related sectors, although such investments are not expected to exceed 20% of the Domestic Fund or Offshore Fund’s net assets (measured at the time of investment). The Funds are managed according to the investment objectives and strategies outlined in each Fund’s Confidential Private Placement Memorandum and other governing and offering documents (for each Fund, the “Fund Documents”) and are generally
not tailored to any particular private Investor in the Funds (each, an “Investor”). Yaupon Capital GP LLC, (“Yaupon Capital GP” or the “General Partner”), a Delaware limited liability company, is the general partner of the Domestic Fund and the Master Fund. Steve Pattyn is the managing member of Yaupon Capital GP. As of December 31, 2023, the Investment Manager managed approximately $2,317,403,000 of regulatory assets under management on a discretionary basis. Further, the Investment Manager may, from time to time, permit certain individuals and/or entities to co- invest alongside the Funds and/or other Clients. Such individuals and/or entities may be affiliated with the Investment Manager and/or the General Partner. The decision as to whether to make co-investments and to whom such co-investment opportunities are offered is made by the Investment Manager in its sole discretion, and Investors may not have a right to participate in co-investments. Co-investments may result in the investment in, or the disposal of, shares of a particular investment by co-investors at the same time or on the same terms as the Funds and/or other Clients. Notwithstanding the foregoing, to the extent employees of the Investment Manager are permitted to participate in co-investments, co-investment opportunities are only offered to employees after the Funds and other Clients have received their target investment allocations. Co-investors generally bear their pro rata portion of the expenses related to the co- investment.