Palo Duro Investment Partners, Lp
- Regulatory AUM
- $403M
- Discretionary
- $403M
- Clients
- 7
- Avg AUM / client
- $57.5M
- Accounts
- 7
- Employees
- 6
AUM over time
Annual snapshots from Form ADV filings · as of Jul 21, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 3 | $303M | 75.1% |
| Pension and profit sharing plans | 4 | $100M | 24.9% |
Private funds (3)
Reported in Form ADV Section 7.B.(1), filing of Jul 2024 · $289M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Pdcp 1740 Fund, Lp | Hedge Fund | Delaware | $232M | 1 |
| Palo Duro Energy Fund, Lp | Hedge Fund | Delaware | $55.2M | 7 |
| Palo Duro Energy Transition Fund, Lp | Hedge Fund | Delaware | $2.0M | 1 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Texas Children's Hospital Cash Balance Pension Plan Texas Children's | 2024 |
People (2)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Dougherty, Matthew, Waller | Founder | Sep 2022 (4y) | ≈ 56.25% – 100% via Palo Duro Gp Llc | |
| Nietfeldt, David, Richard | Chief Compliance Officer | Oct 2022 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Palo Duro Gp Llc | General Partner | Sep 2022 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Dougherty, Matthew, Waller: 75% – 100% of Palo Duro Gp Llc × 75% – 100% direct ≈ 56.25% – 100% 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 (3, $289M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Pdcp 1740 Fund, Lp | Hedge Fund | $232M | $0 | 1 |
| Palo Duro Energy Fund, Lp | Hedge Fund | $55.2M | $500K | 7 |
| Palo Duro Energy Transition Fund, Lp | Hedge Fund | $2.0M | $500K | 1 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Texas Children's Hospital Cash Balance Pension Plan | Texas Children's | 13,557 | $726M | 10/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/19/2026 | 1.52 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 pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- BNY Mellon $78.4M (19% of AUM) Mar 2026
- State Street $21.7M (5% of AUM) Mar 2026
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: Jul 21, 2026.
View current Form ADV (SEC/IAPD) ↗