Yes. An accredited investor is an individual or entity permitted to invest in certain securities not registered with financial authorities, such as private equity, venture capital, and hedge funds. The U.S. Securities and Exchange Commission (SEC) defines specific criteria to qualify as an accredited investor.

Financial Criteria:

• Net Worth: An individual must have a net worth exceeding $1 million, either individually or jointly with a spouse or partner, excluding the value of their primary residence.
• Income: An individual must have an annual income over $200,000 (or $300,000 combined with a spouse or partner) in each of the prior two years and reasonably expect the same for the current year.

Professional Criteria:

Beyond financial thresholds, individuals can qualify based on professional knowledge, experience, or certifications. For instance, holders in good standing of certain licenses, such as the Series 7, Series 65, and Series 82, are recognized as accredited investors.

Entities as Accredited Investors:

Entities can also qualify as accredited investors if they meet specific conditions, such as:

• A corporation, partnership, or charitable organization with assets exceeding $5 million.
• An entity where all equity owners are accredited investors.
• A trust with assets of over $5 million, not formed specifically to acquire the offered securities, whose purchases are directed by a sophisticated person.

For a comprehensive overview of accredited investor requirements, please refer to the SEC's official guidelines.

https://www.sec.gov/resources-small-businesses/small-business-compliance-guides/accredited-investor-net-worth-standard?utm_source=chatgpt.com

The software, developed over five years, enables our deal team to underwrite deals in minutes—a process that traditionally takes non-operating funds weeks and incurs significant costs. Our advanced fund management software also allows near real-time, well-level asset management, empowering our Managing General Partners to monitor each asset and maximize value extraction.

Traditional underwriting in the oil and gas sector is often time-consuming and resource-intensive. The software streamlines this process by rapidly analyzing vast datasets, including geological data, production histories, and market trends, to assess potential deals efficiently. This acceleration reduces costs and enhances our ability to capitalize on timely opportunities and become the go-to buyer for assets that we are known to by the market to purchase.

Effective asset management is crucial in optimizing production and ensuring operational efficiency. Our fund management software provides near real-time monitoring at the well level, offering insights into performance metrics and production outputs. This granular visibility allows our Managing General Partners to make informed decisions swiftly, ensuring optimal asset acquisition needs or asset divestiture strategy.

By integrating advanced analytics and real-time data, our software identifies underperforming assets and uncovers opportunities for enhancement. This proactive approach ensures that each asset operates at peak efficiency, maximizing returns for our investors. Integrating the proprietary underwriting and asset management software revolutionizes our operations, offering significant advantages over traditional non-op funds. This technological edge accelerates deal evaluation, reduces costs, and ensures meticulous asset management, ultimately driving superior value extraction for our partners.

Yes, however, our primary focus is on the Permian Basin, located in West Texas and southeastern New Mexico. This region is one of the most prolific oil and gas-producing regions in the United States and the world. Investing in this area provides exposure to established operations and the potential for significant returns. By partnering with top-tier operators in the Permian Basin, our fund aims to optimize asset performance and maximize investor value.