White Deer Management LLC (Houston)

Name: White Deer Management LLC
Address: 700 Louisiana Street, Houston, TX, 77002
Telephone: 713.581.6900

White Deer Management LLC is a large advisory firm based in Houston. It manages $1.9 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Texas.

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

White Deer Management: assets under management

The assets under management (AUM) of White Deer Management LLC is $1.9 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -13% since the beginning of its operation, and $1.41 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.9 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $173.08 million each.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay White Deer 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 White Deer Management serves?

The only and largest group of clients of White Deer Management is pooled investment vehicles with 9 clients and $1.85 billion of assets under management. Among the 10 most similar advisory firms, White Deer Management has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.85 billion for 9 clients. 64% of the firm’s clients are foreign persons or businesses.

White Deer Management also advises several private funds. Namely, nine private equity funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.

Careers at White Deer Management LLC

The company employs 22 people that are either part- or full-time employees. 77 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
Thomas Jeffery Edelman	Managing partner & chief compliance officer	1 Jul 2009	25% - 50%	5192792
Ben Allen Guill	Managing partner	1 Jul 2009	25% - 50%	1921316
James Knox Meneely	Partner	1 Jul 2009	Other	2944511
Benjamin Allen Guill	Managing partner	1 Jul 2009	25% - 50%	1921316
James Earl Saxton	Managing director	1 Jul 2009	Other	2278317
Kristin Marie Eby	Chief compliance officer	1 Sep 2010	Other	6025500
Joseph Robert Edwards	Partner	1 Aug 2011	Other	2921068
Edelman Business Ventures L.P.	Member	1 Oct 2011	Other	45-3693515
Guill Business Ventures L.P.	Member	1 Oct 2011	Other	37-1650299
Alexander Parsons Lynch	Partner	1 Sep 2013	Other	836911
Amanda Nethery Coussens	Chief financial officer	1 Aug 2014	Other	5750010
Erin Elizabeth Rathke	Chief financial officer	1 Apr 2016	Other	6771061

Based in Houston

The principal office where White Deer Management LLC performs its advisory services is located at 700 Louisiana Street, Houston, TX 77002, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 713.581.6900 or by fax 713.581.6901. The normal business hours are 8:30 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at whitedeerenergy.com/.