Investment adviser · CRD 161361

WHITE DEER

Investment adviser filing (IA)

WHITE DEER MANAGEMENT LLC

HOUSTON, TX, United States · Form ADV filed Aug 20, 2026

Regulatory AUM
$961M
Form ADV · Item 5.F
Client accounts
15
Accounts, not individual clients
Employees
9
Reported in this filing
Advisory professionals
7
Investment advisory functions

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Pooled investment vehicles13$926,240,77296.4%
Other clientsFewer than 5$34,605,9783.6%
Filing source

Form ADV 2126876 · Aug 20, 2026 · Item 5.D

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

Private funds & service providers

19 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.

WHITE DEER ENERGY L.P. IIIPrivate Equity Fund · Last reported Aug 20, 2026$310MGross asset value
Fund administrator PETRA FUNDS GROUP, LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BDO USA, P.C. HOUSTON, Texas, United States
Custodian CADENCE BANK, N.A. BIRMINGHAM, Alabama, 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

BDO USA, P.C.
PCAOB 243

CADENCE BANK, N.A.
LEI 3XATK28RYORGPDF31217

Fund details & source
Fund ID
805-3470596280
Reported beneficial owners
60
Minimum commitment
$100K
Form D file number
021-301583

Form ADV 2126876 · Aug 20, 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.

WD THUNDER CV LPPrivate Equity Fund · Last reported Aug 20, 2026$200MGross asset value

Form D fundraising filings

WD Thunder CV LP

Fund administrator PETRA FUNDS GROUP, LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BDO USA, P.C. HOUSTON, Texas, United States
Custodian CADENCE BANK, N.A. BIRMINGHAM, Alabama, United States Related to adviser: No
Custodian COMPUTERSHARE PROVIDENCE, Rhode Island, United States Related to adviser: No
Marketer PJT PARTNERS LP NEW YORK, New York, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

BDO USA, P.C.
PCAOB 243

CADENCE BANK, N.A.
LEI 3XATK28RYORGPDF31217

COMPUTERSHARE
LEI 254900Y7PP3ZED9AUY94

PJT PARTNERS LP
CRD 171058 · SEC 8-69442

Fund details & source
Fund ID
805-3966635768
Reported beneficial owners
16
Minimum commitment
$100K
Form D file number
021-499907

Form ADV 2126876 · Aug 20, 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.

WHITE DEER ENERGY L.P. IIPrivate Equity Fund · Last reported Aug 20, 2026$119MGross asset value
Fund administrator PETRA FUNDS GROUP, LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BDO USA, P.C. HOUSTON, Texas, United States
Custodian CADENCE BANK, N.A. BIRMINGHAM, Alabama, 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

BDO USA, P.C.
PCAOB 243

CADENCE BANK, N.A.
LEI 3XATK28RYORGPDF31217

Fund details & source
Fund ID
805-4848216529
Reported beneficial owners
106
Minimum commitment
$100K
Form D file number
021-192657

Form ADV 2126876 · Aug 20, 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.

WD THANOS SPV LPPrivate Equity Fund · Last reported Aug 20, 2026$100MGross asset value

Form D fundraising filings

WD Thanos SPV LP

Feeder funds

  • WD THANOS BLOCKER FEEDER LLC
Fund administrator PETRA FUNDS GROUP, LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BDO USA, P.C. HOUSTON, Texas, United States
Custodian CADENCE BANK, N.A. BIRMINGHAM, Alabama, 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

BDO USA, P.C.
PCAOB 243

CADENCE BANK, N.A.
LEI 3XATK28RYORGPDF31217

Fund details & source
Fund ID
805-7944584285
Reported beneficial owners
22
Minimum commitment
$100K
Form D file number
021-524275

Form ADV 2126876 · Aug 20, 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.

WD THUNDER CV PARALLEL LPPrivate Equity Fund · Last reported Aug 20, 2026$64.4MGross asset value

Form D fundraising filings

WD Thunder CV Parallel LP

Fund administrator PETRA FUNDS GROUP, LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BDO USA, P.C. HOUSTON, Texas, United States
Custodian CADENCE BANK, N.A. BIRMINGHAM, Alabama, United States Related to adviser: No
Custodian COMPUTERSHARE PROVIDENCE, Rhode Island, United States Related to adviser: No
Marketer PJT PARTNERS LP NEW YORK, New York, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

BDO USA, P.C.
PCAOB 243

CADENCE BANK, N.A.
LEI 3XATK28RYORGPDF31217

COMPUTERSHARE
LEI 254900Y7PP3ZED9AUY94

PJT PARTNERS LP
CRD 171058 · SEC 8-69442

Fund details & source
Fund ID
805-9350796447
Reported beneficial owners
7
Minimum commitment
$100K
Form D file number
021-499909

Form ADV 2126876 · Aug 20, 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.

WD SPARK CV LPPrivate Equity Fund · Last reported Aug 20, 2026$54.3MGross asset value

Form D fundraising filings

WD Spark CV LP

Fund administrator PETRA FUNDS GROUP, LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BDO USA, P.C. HOUSTON, Texas, United States
Custodian CADENCE BANK, N.A. BIRMINGHAM, Alabama, United States Related to adviser: No
Marketer PJT PARTNERS LP NEW YORK, New York, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

BDO USA, P.C.
PCAOB 243

CADENCE BANK, N.A.
LEI 3XATK28RYORGPDF31217

PJT PARTNERS LP
CRD 171058 · SEC 8-69442

Fund details & source
Fund ID
805-1838137618
Reported beneficial owners
17
Minimum commitment
$32.4K
Form D file number
021-564081

Form ADV 2126876 · Aug 20, 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.

WD III NEP COINVEST LPPrivate Equity Fund · Last reported Aug 20, 2026$34.6MGross asset value

Form D fundraising filings

White Deer Energy LP III

Fund administrator PETRA FUNDS GROUP, LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BDO USA, P.C. HOUSTON, Texas, United States
Custodian CADENCE BANK, N.A. BIRMINGHAM, Alabama, 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

BDO USA, P.C.
PCAOB 243

CADENCE BANK, N.A.
LEI 3XATK28RYORGPDF31217

Fund details & source
Fund ID
805-6068996107
Reported beneficial owners
4
Minimum commitment
$5M
Form D file number
021-301583

Form ADV 2126876 · Aug 20, 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: Aug 20, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

700 LOUISIANA STREET, SUITE 4770
HOUSTON, TX, 77002, United States

CRD 161361

Filing source

Form ADV 2126876 · Aug 20, 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.