Overview
Caravela Energy Partners LP (“Caravela”, “we” or the “Firm”) is an investment adviser with its principal
place of business in Darien, Connecticut. Caravela is principally owned by Caravela Energy Partners
GP LLC (the “General Partner”), and Cacela Capital LLC, which is owned by Miguel Ferreira,
Caravela’s Managing Partner.
Caravela expects to manage and provides discretionary investment advisory services to the Caravela
Energy Fund LP (the “Partnership”), Caravela Energy Fund Offshore Ltd. (the “Offshore Fund”), and
Caravela Master Fund LP (the “Master Fund”), collectively referred to herein as the “Funds”. We also
provide investment advisory services on a discretionary basis for separately managed accounts
(“SMAs”) of individuals, including high net worth individuals and institutional investors, including
corporations, endowments, and foundations
(together with the Funds, the “Clients”).
Caravela generally will invest its Clients’ assets in long and short positions in equity securities and
futures in the Energy sector but has broad and flexible investment authority to invest in other financial
instruments.
Caravela provides advice to its Clients based on the specific investment objectives and strategies
described in the investment management agreement with the Clients. Caravela does not tailor its
advisory services to the individual needs of the Clients; however, Caravela does accept Client- imposed
investment restrictions provided such restrictions have only a marginal impact on the overall strategy.
Caravela does not participate in Wrap Fee Programs.
Caravela has regulatory assets under management of $348,030,571 as of December 31, 2023, all
managed on a discretionary basis.