Basin Oil and Gas Management is a private equity firm that invests in oil and gas interests within the United States. Basin provides investment advice and management services to private investment funds for sophisticated investors. Basin works with clients to establish investment objectives and selects portfolio investments, focusing on acquiring oil and gas interests and related assets.
Basin Oil and Gas Management manages investments for private funds, not individual investors. The firm receives a management fee based on a percentage of assets under management or capital commitments. Prior to the end of the investment period, the fee is generally 2% of total capital commitments. After the investment period, the fee is generally 1-2% of assets under management or total capital commitments. The firm may also receive carried interest based on a percentage of net profits.