Investment adviser · CRD 270008

CARNELIAN ENERGY CAPITAL MANAGEMENT, LP

Exempt reporting adviser (ERA)

Exempt reporting advisers use a shorter Form ADV report. Some adviser-level figures are not reported; fund disclosures appear below when available.

HOUSTON, TX, United States · Form ADV filed Mar 31, 2026

Adviser-level assets, account counts and staffing figures are unavailable in this filing. View the reported fund disclosures below →

Private funds & service providers

7 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

CARNELIAN ENERGY CAPITAL III, L.P.Venture Capital Fund · Last reported Mar 31, 2026$752MGross asset value

Form D fundraising filings

CARNELIAN ENERGY CAPITAL III, L.P.

Fund administrator IQEQ FUND SERVICES DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG LLP HOUSTON, Texas, United States
Custodian COMERICA BANK MENLO PARK, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG LLP
PCAOB 42

Fund details & source
Fund ID
805-5660293051
Reported beneficial owners
55
Minimum commitment
$3M
Form D file number
021-343316

Form ADV 2066276 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

CARNELIAN ENERGY CAPITAL IV, LPVenture Capital Fund · Last reported Mar 31, 2026$620MGross asset value

Form D fundraising filings

CARNELIAN ENERGY CAPITAL IV, L.P.

Fund administrator IQEQ FUND SERVICES DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG LLP HOUSTON, Texas, United States
Custodian COMERICA BANK MENLO PARK, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG LLP
PCAOB 42

Fund details & source
Fund ID
805-8995807777
Reported beneficial owners
59
Minimum commitment
$3M
Form D file number
021-420487

Form ADV 2066276 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

CARNELIAN ENERGY CAPITAL V, L.P.Venture Capital Fund · Last reported Mar 31, 2026$620MGross asset value

Form D fundraising filings

CARNELIAN ENERGY CAPITAL V, L.P.

Fund administrator IQEQ FUND SERVICES DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG LLP HOUSTON, Texas, United States
Custodian COMERICA BANK MENLO PARK, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG LLP
PCAOB 42

Fund details & source
Fund ID
805-7399670819
Reported beneficial owners
78
Minimum commitment
$3M
Form D file number
021-503904

Form ADV 2066276 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

CARNELIAN ENERGY CAPITAL II, L.P.Venture Capital Fund · Last reported Mar 31, 2026$229MGross asset value

Form D fundraising filings

CARNELIAN ENERGY CAPITAL II, L.P.

Fund administrator IQEQ FUND SERVICES DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG LLP HOUSTON, Texas, United States
Custodian COMERICA BANK MENLO PARK, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG LLP
PCAOB 42

Fund details & source
Fund ID
805-8167038583
Reported beneficial owners
70
Minimum commitment
$3M
Form D file number
021-288615

Form ADV 2066276 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

CARNELIAN RIDGEMAR CO-INVEST, L.P.Venture Capital Fund · Last reported Mar 31, 2026$4.23MGross asset value

Form D fundraising filings

CARNELIAN RIDGEMAR CO-INVEST, L.P.

Fund administrator IQEQ FUND SERVICES DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor (B) ERNST & YOUNG LLP HOUSTON, Texas, United States
Custodian COMERICA BANK MENLO PARK, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

(B) ERNST & YOUNG LLP
PCAOB 42

Fund details & source
Fund ID
805-1667616503
Reported beneficial owners
12
Minimum commitment
$3M
Form D file number
021-484657

Form ADV 2066276 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

CARNELIAN ENERGY CAPITAL, L.P.Venture Capital Fund · Last reported Mar 31, 2026$2.6MGross asset value

Form D fundraising filings

Carnelian Energy Capital, L.P.

Fund administrator IQEQ FUND SERVICES DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG LLP HOUSTON, Texas, United States
Custodian COMERICA BANK MENLO PARK, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG LLP
PCAOB 42

Fund details & source
Fund ID
805-9950456772
Reported beneficial owners
47
Minimum commitment
$3M
Form D file number
021-247534

Form ADV 2066276 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

CARNELIAN ACQUISITION & DEVELOPMENT, L.P.Venture Capital Fund · Last reported Mar 31, 2026$0Gross asset value

Form D fundraising filings

Carnelian Acquisition & Development, L.P.

Fund administrator PETRA FUNDS GROUP HOUSTON, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG LLP NEW YORK, New York, United States
Custodian COMERICA BANK MENLO PARK, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG LLP
PCAOB 42

Fund details & source
Fund ID
805-4603954753
Reported beneficial owners
39
Minimum commitment
$3M
Form D file number
021-560030

Form ADV 2066276 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 31, 2026. View historical filings

Reported services

Not reported in these imported fields

Compensation

Not reported in these imported fields

Principal office

2229 SAN FELIPE STREET, SUITE 1450
HOUSTON, TX, 77019, United States

CRD 270008

Filing source

Form ADV 2066276 · Mar 31, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.