RIDGEWOOD ENERGY CORPORATION other names

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Adviser Profile

As of Date:

03/29/2024

Adviser Type:

- Large advisory firm

Number of Employees:

68 17.24%

of those in investment advisory functions:

20 5.26%

Registration:

SEC, Approved, 2/21/2007

AUM:

4,037,929,807 -16.19%

of that, discretionary:

3,197,289,117 -19.83%

Private Fund GAV:

3,043,245,579 -2.44%

Avg Account Size:

201,896,490 -12.00%

SMA’s:

YES

Private Funds:

4

Contact Info

201 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
4B 3B 3B 2B 2B 1B 577M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

NOIA: Low carbon intensity favors US deepwater production
04/09/2021

Murphy Exploration & Production Company – USA has sold its 50% interest in the King’s Quay FPS and associated export lateral pipelines to a fund managed by ArcLight ... venture with entities managed by Ridgewood Energy Corp., including ILX Holdings ...

offshore-mag.com

Murphy Oil unit sells floating production system in Gulf
03/25/2021

Murphy Oil Corporation has sold its 50 percent interest in the King’s Quay floating production system and associated export lateral pipelines to be located in the Gulf of Mexico.

magnoliareporter.com

MUR Mar 2021 15.000 call
03/19/2021

Murphy Oil Corporation (NYSE: MUR) announced today that its subsidiary, Murphy Exploration & Production Company – USA, has closed the previously announced transaction with a fund managed ... entities managed by Ridgewood Energy Corporation, including ...

Yahoo Finance

Murphy Oil's (MUR) Arm Sells 50% Stake in King's Quay Project
03/19/2021

Now, King’s Quay floating production and its associated assets will belong to a joint venture of entities involving Ridgewood Energy Corporation as a party, which in turn, includes ILX Holdings ...

Yahoo Finance

Murphy completes King’s Quay FPS transaction
03/18/2021

HOUSTON – Murphy Exploration & Production Company – USA has sold its 50% interest in the King’s Quay FPS and associated export lateral pipelines to a fund managed by ArcLight ... with entities managed by Ridgewood Energy Corp., including ILX Holdings ...

offshore-mag.com

Murphy Oil's (MUR) Arm Sells 50% Stake in King's Quay Project
03/18/2021

Now, King’s Quay floating production and its associated assets will belong to a joint venture of entities involving Ridgewood Energy Corporation as a party, which in turn, includes ILX Holdings ...

NASDAQ


Private Funds Structure

Fund Type Count GAV
Private Equity Fund 4 $3,043,245,579

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Private Funds



Employees




Brochure Summary

Overview

Ridgewood Energy Corporation (“Ridgewood Energy” or the “Company”) is a Delaware Corporation that was founded in 1982. Ridgewood Energy is privately owned by certain family trusts and Matthew E. Swanson (“Mr. Swanson”). Mr. Swanson is the Company’s sole director, Executive Chairman & Senior Managing Director. Ridgewood Energy is primarily engaged in the business of furnishing investment, supervisory and management services to pooled investment vehicles it sponsors (the “Ridgewood Funds”). There are two categories of Ridgewood Funds. The first are the Ridgewood Funds that were primarily raised through a network of independent FINRA registered broker-dealers; referred to in this Brochure as the “IBD Funds”. The Company does not anticipate sponsoring any new IBD Funds, but continues to manage the IBD Funds’ investments in Projects (as defined below). The second are the Ridgewood Funds that only accept investments from institutions meeting the definition of qualified purchaser under the Investment Company Act of 1940; these funds are referred to in this Brochure as the “Institutional Funds”. Ridgewood Energy also provides advisory and management services to a group of related institutional investors (collectively, the “Institutional Clients”; together with the Ridgewood Funds, the “Clients”) in connection with investments in the Projects. As of December 31, 2023, $3,197,289,117 in assets under management, of which $840,640,690
is managed on a non-discretionary basis. The Ridgewood Funds and the Institutional Clients focus on investing in working interests in oil and gas projects, related infrastructure (the “Projects”) in the U.S. waters of the Gulf of Mexico (the “US GOM”) and companies that participate in the drilling, development and production of Projects. Generally, the services Ridgewood Energy provides its Clients include (the “Services”):
• Performing due diligence on, and selecting or recommencing Projects for investment by the Clients.
• Monitoring the drilling activities of exploratory and developmental Projects and the development and production of successful Projects.1 The day-to-day operations of the Projects are the responsibility of a project operator under an agreement (e.g. a joint operating agreement) with the Ridgewood Funds or SPC that owns an interest in such Project and other owners of the Project.
• Handling financial matters, such as audits and tax matters, regulatory issues (including filings with regulatory agencies), legal matters and other general corporate and related matters.
• Handling investor relations matters for the Ridgewood Funds. Ridgewood Energy has full, exclusive and complete discretion in the management and control of the Ridgewood Funds, including the authority to select investments on behalf of each Ridgewood Fund.