URBAN FUND MANAGEMENT, LLC other names

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Adviser Profile

As of Date:

05/09/2024

Adviser Type:

- Large advisory firm


Number of Employees:

2

of those in investment advisory functions:

2


Registration:

SEC, Approved, 10/1/2013

AUM:

808,014,423 -44.91%

of that, discretionary:

808,014,423 -44.91%

Private Fund GAV:

638,261,368 -55.79%

Avg Account Size:

73,455,857 -59.94%


SMA’s:

NO

Private Funds:

10 2

Contact Info

972 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
1B 1B 1B 838M 629M 419M 210M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Prime Minister uses Spring Harvest slot to praise work of churches in lockdown
03/31/2021

BORIS JOHNSON has acknowledged the part played by churches during the lockdown, in a message to Christians attending the interactive Spring Harvest Home 21 event, which runs from the evening of Easter Day until Easter Thursday.

churchtimes.co.uk

4 major Canadian CRE investors discuss their strategies
03/17/2021

The issue of distress was a central focus for four prominent Canadian equity investors who participated in a virtual discussion about their companies and trends they are seeing in the commercial real estate market.

renx.ca

Whitecastle New Urban Fund 3
03/03/2021

We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.

bisnow.com


Private Funds Structure

Fund Type Count GAV
Other Private Fund 10 $638,261,368

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Private Funds



Employees




Brochure Summary

Overview

The Adviser is a private firm located in Plano, Texas. The Adviser provides investment advisory services on a discretionary basis to private investment vehicles for the purpose of acquiring, managing and optimizing oil and natural gas properties, and currently consists of eleven private investment funds, Urban Oil and Gas Partners A, LP, Urban Oil and Gas Partners A-1, LP, Urban Oil and Gas Partners B, LP, Urban Oil and Gas Partners B-1, LP, Urban Oil and Gas Partners C, LP, Urban Oil and Gas Partners C-1, LP, Urban Oil and Gas Partners D, LP, Urban Oil and Gas Partners D-1, LP, Urban Oil and Gas Partners E, LP, Urban Oil and Gas Partners E-1, LP, and UOG ABS Issuer I, LLC .(each, a “Fund”, and together, the “Funds”) 1 In connection with sponsoring a Fund, the general partner (the “General Partner”) or manager (“Manager”) of the Fund delegates to the Adviser responsibility for management, operation, and control of the investment and trading activities of the Fund, to the fullest extent permitted by law and the governing documents of the Fund, subject to the supervision and decision-making power of the General Partner or Manager. The Adviser was formed in 2013. The Funds are managed by the two principals of the Adviser, consisting of Mrs. Bonnie C. Shea and Mr. Matthew T. Kirby (collectively, the “Principals”). The Adviser’s investment review team has extensive experience in managing direct investments in oil and gas on behalf of high net worth and institutional investors throughout the U.S. The Principals and the investment team have a long-standing professional relationship that extends beyond Urban Oil and Gas as a number of senior personnel have worked together in various capacities prior to UOG. Investment advisory services include establishing each Fund's investment objective and selecting direct oil and gas investments according to each Fund's specific investment strategy, as described in the applicable Fund’s investment memorandum
(if any) and governing documents (collectively, the “Offering Documents”). The investment activity of the Adviser generally focuses on acquisitions that may provide the following: (i) Diversification; (ii) Capital Preservation; and (iii) Capital Appreciation. The Investors may not restrict investments by the Funds in any capacity beyond the Offering Documents, and except in limited circumstances, Investors are not permitted to withdraw from a Fund prior to the Fund’s dissolution. Interests in the Funds are not registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and the Funds are not registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”). Accordingly, interests in the Funds are offered and sold exclusively to Investors satisfying the applicable eligibility and suitability requirements, for private transactions within the United States. 1 As an SEC-registered investment adviser, the Adviser owes a fiduciary duty to all of its clients. In 2006, the decision by the Court of Appeals for the D.C. Circuit in Goldstein v. SEC, 451 F.3d 873 (D.C. Cir. June 23, 2006), with respect to private funds, clarified that the “client” of an investment adviser to a private fund is the fund itself and not an investor in the fund. For purposes of this Brochure, the terms “Fund” or “Funds,” refer to the advisory clients of the Adviser. All discussion of the Funds in this Brochure, including but not limited to their investments, the strategies used in managing the Funds, and conflicts of interest faced by the Adviser in connection with the management of the Funds are qualified in their entirety by reference to each Fund’s respective Offering Documents. The Adviser does not participate in wrap fee programs. As of December 31, 2023, the Adviser managed $789,845,550 in discretionary assets. The Adviser does not currently manage assets on a non-discretionary basis.