Bayou City Energy Management LLC (Houston)

Name: Bayou City Energy Management LLC
Address: 1201 Louisiana Street, Houston, TX, 77002
Telephone: 713-400-8200

Bayou City Energy Management LLC is a large advisory firm based in Houston. It manages $1.33 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Texas.

Bayou City Energy Management provides portfolio management for pooled investment vehicles and portfolio company management services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Bayou City Energy Management: assets under management

The assets under management (AUM) of Bayou City Energy Management LLC is $1.33 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 506% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.33 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $102.39 million each.

Bayou City Energy Management has custody of $439.92 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bayou City Energy Management LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bayou City Energy Management serves?

The only and largest group of clients of Bayou City Energy Management is pooled investment vehicles with 13 clients and $1.33 billion of assets under management. Among the 10 most similar advisory firms, Bayou City Energy Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.33 billion for 13 clients. None of the firm’s clients are foreign persons or businesses.

Bayou City Energy Management also advises several private funds. Namely, thirteen private equity funds. The minimum investment commitment required of non-related persons ranges from $50,000 to $1,000,000.

Careers at Bayou City Energy Management LLC

The company employs 13 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Intervale Capital Llc	Member	1 May 2015	50% - 75%	20-8216763
Mark Nathan Stoner	Partner	1 May 2015	Other	6624148
Kristin Eby Mackelvey	Chief financial officer	1 May 2015	Other	6025500
William Wallace Mcmullen	Manager, member	1 May 2015	50% - 75%	5567132
Llc Ara Partners Group	Member	1 Jan 2017	75% - 100%	81-5159700
Argus Energy Managers Llc	Member	1 Mar 2017	Other	81-5159700
Darren Paul Lindamood	General counsel	1 Apr 2017	Other	6866938
Darren Paul Lindamood	Chief compliance officer	1 Oct 2017	Other	6866938

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Charles Reed Cherington	Managing member	1 Jan 2007	50% - 75%	2370355
Charles Reed Cherington	Manager, member	1 Jun 2016	25% - 50%	2370355
William Wallace Mcmullen	Manager, member	1 Jun 2016	Other	5567132
Charles Reed Cherington	Manager/chairman	1 Dec 2016	50% - 75%	2370355
William Wallace Mcmullen	Manager	1 Dec 2016	25% - 50%	5567132
Troy William Thacker	Manager	1 Jun 2017	Other	2644688

Based in Houston

The principal office where Bayou City Energy Management LLC performs its advisory services is located at 1201 Louisiana Street, Houston, TX 77002, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 713-400-8200 or by fax 713-400-8201. The normal business hours are 8:30 a.m. to 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at bayoucityenergy.com and its LinkedIn profile.