Merewether Investment Management, LP

Merewether Investment Management acts as the discretionary investment manager to sponsored master‑feeder pooled funds for sophisticated, accredited and qualified investors and to a limited number of sub‑advised managed accounts. The firm concentrates on investing in public equities and liquid credit across the energy value chain and related sectors.

Its stated investment approach emphasizes fundamental analysis to identify energy and “new energy” value‑chain opportunities (including wind, solar, hydrogen and electric‑vehicle related companies) and employs three primary strategies: long/short, long‑only and liquid credit, with derivatives used for hedging and to obtain credit exposure. Investment authority for the Funds is exercised in accordance with each Fund’s offering documents and governing agreements, while the Adviser may tailor services for managed‑account clients under negotiated investment management agreements.

Noteworthy in the Brochure is the unusually extensive discussion of commodity interests, futures, swaps and related margin and liquidity risks, even though the firm discloses it is not registered as a commodity pool operator or commodity trading advisor (Item 10). The Brochure also describes performance‑based compensation arrangements, class‑specific performance allocations and the Adviser’s use of performance records in marketing, and it highlights the Adviser’s deployment of computer and algorithmic research tools as part of its investment and operational processes.