Energy Income Partners Llc
- Regulatory AUM
- $6.1B
- Discretionary
- $6.1B
- Clients
- 112
- Avg AUM / client
- $54.1M
- Accounts
- 108
- Employees
- 21
AUM over time
Annual snapshots from Form ADV filings · as of May 13, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 0 | $0 | — |
| High net worth individuals | 89 | $176M | 2.9% |
| Banking or thrift institutions | 0 | $0 | — |
| Investment companies | 5 | $5.1B | 84.4% |
| Pooled investment vehicles (non-investment companies) | 2 | $225M | 3.71% |
| Pension and profit sharing plans | 4 | $31.8M | 0.52% |
| Charitable organizations | 0 | $0 | — |
| State or municipal government entities | 0 | $0 | — |
| Other investment advisers | 6 | $478M | 7.88% |
| Insurance companies | 1 | $4.0M | 0.07% |
| Sovereign wealth funds and foreign official institutions | 0 | $0 | — |
| Corporations and other businesses | 5 | $30.7M | 0.51% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $149M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Energy Infrastructure Income Fund Lp | Hedge Fund | Delaware | $96.6M | 38 |
| Energy Infrastructure Income Fund (Qp) Lp | Hedge Fund | Delaware | $52.1M | 59 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| U. A. Local 38 Defined Contribution Pension Plan Board Of Trustees Of U.A. Local 38 Trust Funds | 2024 | |
| U. A. Local 38 Defined Benefit Pension Plan Board Of Trustees Of U. A. Local 38 Trust Funds | 2024 |
People (7)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| James Jarvis Murchie | Ceo | Jul 2006 (20y) | ≈ 12.5% – 37.5% via Duntrune Capital Partners, Llc | |
| Pao, Eva, Nmn | Portfolio Manager, Partner | Jul 2006 (20y) | ≈ 5% – 18.75% via Eip Ep Llc | |
| Ballesteros, Saul, Thomas | Partner And Head Trader | Oct 2009 (17y) | 5% – 10% | |
| James Allen Bowen | Sole Shareholder | Oct 2010 (16y) | 75% or more of Ajm Ventures Llc (indirect) | |
| Cullen, Douglas, William | Member | Jan 2013 (14y) | ≈ 2.5% – 12.5% via Eip Ep Llc | |
| Hogan, Nandita, Yagnik | Chief Compliance Officer | Mar 2015 (11y) | Less than 5% | |
| Tysseland, John, Kavanagh | Portfolio Manager, Partner | May 2016 (10y) | 5% – 10% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Duntrune Capital Partners, Llc | Manager | Jul 2006 | A | 25% – 50% |
| Ft Eip Ventures, Llc | Member | Jun 2010 | A | 10% – 25% |
| Eip Ep Llc | Member | Jan 2013 | A | 10% – 25% |
| First Trust Capital Partners, Llc | Sole Member And Manager | Jun 2010 | B | ≈ 7.5% – 25% via Ft Eip Ventures, Llc |
| Grace Partners Of Dupage, L.P. | Limited Partner | Aug 1991 | B | ≈ 5.63% – 25% via First Trust Capital Partners, Llc |
| Ajm Ventures Llc | Shareholder | Oct 2010 | B | 75% or more of The Charger Corporation (indirect) |
| Jjm Family Trust | Member | Dec 2019 | B | ≈ 6.25% – 25% via Duntrune Capital Partners, Llc |
| The Charger Corporation | Member, Manager | Jun 2007 | B | GP / trustee / elected manager of First Trust Capital Partners, Llc (indirect) |
Undisclosed: 0% – 45% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- James Jarvis Murchie: 50% – 75% of Duntrune Capital Partners, Llc × 25% – 50% direct ≈ 12.5% – 37.5% of the firm
- Pao, Eva, Nmn: 50% – 75% of Eip Ep Llc × 10% – 25% direct ≈ 5% – 18.75% of the firm
- Cullen, Douglas, William: 25% – 50% of Eip Ep Llc × 10% – 25% direct ≈ 2.5% – 12.5% of the firm
- First Trust Capital Partners, Llc: 75% – 100% of Ft Eip Ventures, Llc × 10% – 25% direct ≈ 7.5% – 25% of the firm
- Grace Partners Of Dupage, L.P.: 75% – 100% of First Trust Capital Partners, Llc × 75% – 100% of Ft Eip Ventures, Llc × 10% – 25% direct ≈ 5.63% – 25% of the firm
- Jjm Family Trust: 25% – 50% of Duntrune Capital Partners, Llc × 25% – 50% direct ≈ 6.25% – 25% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (2, $149M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Energy Infrastructure Income Fund Lp | Hedge Fund | $96.6M | $1.0M | 38 |
| Energy Infrastructure Income Fund (Qp) Lp | Hedge Fund | $52.1M | $500K | 59 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (2)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| U. A. Local 38 Defined Contribution Pension Plan | Board Of Trustees Of U.A. Local 38 Trust Funds | 1,240 | $211M | 07/01/2024 |
| U. A. Local 38 Defined Benefit Pension Plan | Board Of Trustees Of U. A. Local 38 Trust Funds | 1,381 | $555M | 07/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/13/2026 | 1.47 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Fidelity Brokerage Services $353M (6% of AUM) May 2026
- The Glenmede Trust Company, N.A. $118M (2% of AUM) May 2026
- Morgan Stanley $114M (2% of AUM) May 2026
- Wells Fargo $48.5M (1% of AUM) Mar 2022
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 13, 2026.
View current Form ADV (SEC/IAPD) ↗