ROG IX LLC provides investment management services to a pooled investment fund, focusing on oil and gas properties. Services include identifying investment opportunities, structuring investments, managing performance, and exiting investments. ROG IX's services are subject to the Fund's investment objectives and restrictions. The firm may enter into side agreements with investors, potentially offering lower fees or other preferential terms. The firm manages assets on a discretionary basis.
Fee Structure
ROG IX receives a management fee from each fund, typically a percentage of the total capital commitments. The fee percentage and the base upon which it's calculated can vary based on the fund's size and life, as negotiated and determined when the fund is established. ROG IX also receives allocations and distributions based on a share of capital gains, known as carried interest, after investors receive their capital contributions. Management fees are typically funded from investment proceeds or capital contributions.