9AT: US RENEWABLES GROUP

US RENEWABLES GROUP

other names

US RENEWABLES GROUP
USRG MANAGEMENT COMPANY, LLC

Adviser Profile

Registration status

Terminated

As of Date	03/30/2024
ADV Location	SANTA MONICA, CA, United States
Adviser Type - Large advisory firm
Number of Employees	2
of those in investment advisory functions	2

AUM^*	304,492,147 -15%
of that, discretionary	304,492,147 -15%
Private Fund GAV^*	0
Avg Account Size	304,492,147 -15%
SMA’s	No
Private Funds	0 1
Contact Info	310 xxxxxxx

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- Fixed fees (other than subscription fees)
- Performance-based fees

Reported AUM

446M 382M 319M 255M 191M 127M 64M

2015 2016 2017 2018 2019 2020 2021 2022 2023

Discretionary

Non-discretionary

Private Funds

GAV Count

Employees

Brochure Summary

Overview

A. USRG provides advisory services to the following private equity fund vehicle: Ascent Capital Holdings, LLC. USRG was founded in 2003 and currently has approximately $358 million of capital under management. USRG is wholly-owned by US Renewables Holdings, LLC (“Holdings”). The 25% or more owners of Holdings are as follows: 56.827% - Rusheen Capital Partners, LLC (Ownership Code – D) Rusheen Capital Partners, LLC is owned 100% by James AC McDermott 41.673% - Lee Bailey (Ownership Code – C) B. The primary purpose of the company is to identify and participate in capital investments through the acquisition of debt and equity securities in companies that primarily engage in renewable power generation, clean fuel production, and renewable power and clean fuel infrastructure projects. In furtherance of the foregoing, the company may engage in all activities and transactions as may be necessary, advisable, or desirable to carry out its objectives. USRG has made diversified investments in the renewable

power, biofuels, and renewable infrastructure sectors. Examples of renewable power investment advice include geothermal, biomass, wind, solar, hydro and emerging technologies. Examples of biofuels investment advice include ethanol, biofuels and emerging technologies. Examples of renewable infrastructure sector advice include biofuels storage, geothermal drilling services and emerging technologies. C. USRG does not tailor its advisory services to the individual needs of clients. Clients may not impose restrictions on investing in certain securities or types of securities beyond what is outlined in the limited liability company agreement of Ascent Capital Holdings, LLC. D. USRG does not participate in wrap fee programs by providing portfolio management services. E. As of September 30, 2022, USRG managed approximately $358 million of client assets on a discretionary basis according to the directives and restrictions outlined in the limited liability company agreement of Ascent Capital Holdings, LLC.