Pickering Energy Partners LP

Pickering Energy Partners LP primarily advises pooled investment vehicles and institutional accounts, including privately offered closed‑ and open‑end funds, separately managed accounts and, as disclosed, acts as a sub‑adviser to a registered investment company. The firm’s investment services are energy‑focused and span private equity and public equity strategies, with named approaches including development drilling partnerships, PDP (proved developed producing) cash‑flow investments, long‑only energy equities, and long/short mandates tied to decarbonization themes.

The firm describes a fundamental, bottom‑up investment process that seeks advantaged assets across the energy value chain and deploys capital across the capital structure, combining growth‑oriented lower‑ and mid‑cap private investments with public equity and hedging tools. Portfolios are managed on a discretionary basis, subject to documented investment guidelines and oversight (including a Risk Committee), and the adviser discloses use of trade aggregation, soft‑dollar research arrangements and performance‑based compensation consistent with its governing documents.

Distinctive features relative to many peers include that PEP explicitly serves investment company clients and provides portfolio management for a RIC, accepts pension or profit‑sharing plan clients, and is affiliated with a non‑RIA broker‑dealer (PEP Advisory LLC) that conducts investment banking and underwriting activities; the brochure states the broker‑dealer is functionally separated from advisory supervision. The firm also notes co‑investment arrangements alongside its Funds and reports approximately $1.66 billion in discretionary assets under management, details that institutional investors will find relevant when reviewing the applicable fund documents.