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Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
- An investment adviser (or subadviser) to an investment company
Number of Employees 19 -5.00%
of those in investment advisory functions 6
Registration SEC, Approved, 06/28/2006
AUM* 4,798,060,000 -6.61%
of that, discretionary 4,798,060,000 -6.61%
Private Fund GAV* 148,641,172 -7.85%
Avg Account Size 33,090,069 -3.38%
% High Net Worth 82.52% 0.78%
SMA’s Yes
Private Funds 2
Contact Info 203 xxxxxxx
Websites

Client Types

- High net worth individuals
- Investment companies
- Pooled investment vehicles
- Pension and profit sharing plans
- Other investment advisers
- Insurance companies
- Corporations or other businesses not listed above

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

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

Reported AUM

Discretionary
Non-discretionary
6B 5B 4B 3B 3B 2B 866M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count2 GAV$148,641,172

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Brochure Summary

Overview

Energy Income Partners, LLC (“EIP”) first commenced operations in October 2003, when it launched its legacy fund: Energy Infrastructure Income Fund, L.P. formerly known as the Energy MLP Income Fund, L.P. The investment team joined Pequot Capital for two years beginning in December 2004. In July 2006, the founding partners James Murchie, Eva Pao and Linda Longville re-established EIP as an independent entity. EIP’s original fund was unaffected by these changes and has operated without interruption since its October 2003 launch. James Murchie, one of the founding partners of EIP, serves as its Chief Executive Officer. EIP serves as the investment manager (“Manager”) to separately managed accounts (“SMAs”) for high net-worth individuals and institutions, publicly offered registered investment companies and private funds. EIP also serves as the sub-adviser to closed-end management investment companies (collectively, the “Closed-End Funds”), actively managed exchange traded funds (“ETFs”), and a sleeve of a series of a variable insurance trust (each private, registered or exchange traded fund is referred to herein as a “Fund” and, collectively, as the “Funds”. Each private fund is referred to herein as a “Private Fund” or, collectively, as the “Private Funds”). In addition, EIP provides investment advice in the form of a model portfolio to Unified Managed Accounts (“UMAs”). The investment mandate of each Fund is described in its Prospectus, Private Placement Memorandum or other offering document, as applicable (“Offering Document”). EIP provides discretionary investment advisory services to its clients, including
the Funds, as Manager, pursuant to various limited partnership agreements or investment management agreements. With respect to SMAs, EIP’s ability to tailor a particular portfolio to a client’s individual cash flow and other needs is limited, due primarily to EIP’s focus on specific industries and asset classes within those industries (please see the Investment Strategies section of Item 8 below). A client may impose restrictions upon investing in certain securities or types of securities at the inception of the relationship with EIP by using the appropriate section of the new account questionnaire or at any other time by writing to Nandita Hogan using the address provided on the front of this Brochure or by email at nhogan@eipinvestments.com. With respect to the UMAs, EIP’s investment advice consists solely of providing its model portfolio to the sponsoring firm. The sponsoring firm is then responsible for any other services, such as trade execution, accounting and custody, provided to the UMA platform. In addition to discretionary management services, EIP may, from time to time, enter into consulting or other arrangements. Such arrangements are evaluated on a case-by-case basis. As of January 31, 2024, EIP managed approximately $5,012,800,000 in discretionary assets under management, including $4,798,060,000 in regulatory assets under management and $214,740,000 in advised assets held by Unified Managed Accounts (“UMAs”). As of January 31, 2024, EIP did not advise any assets on a consultative basis but may do so in the future for account platforms and other consulting clients.