Bayou City Energy Management LLC (Houston)


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. The adviser charges an additional fee when a set benchmark is outperformed. 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.