Canaan Natural Gas Management, LLC is a large advisory firm based in Oklahoma City. It manages $648.66 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Oklahoma.
Canaan Natural Gas 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.
The assets under management (AUM) of Canaan Natural Gas Management, LLC is $648.66 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 33% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Canaan Natural Gas Management, LLC for their services and products based on 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.
The only and largest group of clients of Johnnie Kevin Penton is pooled investment vehicles with 7 clients and $648.66 million of assets under management. Among the 10 most similar advisory firms, Canaan Natural Gas Management has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $648.66 million for 7 clients. None of the firm’s clients are foreign persons or businesses.
Canaan Natural Gas Management also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.
The company employs 5 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.
Johnnie Kevin Penton has been acting as President since 1 Mar 2004. Christopher Peet Gordon joined the executive team most recently as the Managing Partner Crp Management Xi, Llc.
The principal office where Canaan Natural Gas Management, LLC performs its advisory services is located at 1101 N Broadway, Oklahoma City, OK 73103 7103, 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 405-604-9300 or by fax 405-604-9299. The normal business hours are 8am-5pm on Monday - Friday.